Taiwan Semiconductor Manufacturing Company Limited (TSM) receives a “Buy” rating from Bank of America Securities with a price target of $360.00 based on strong sales performance in October. Revenue for October 2025 shows significant growth driven by demand for high-end mobile devices and high-performance computing products.

Maintained gross and operating margins, along with continued demand for cloud AI infrastructure, contribute to a positive outlook for Taiwan Semiconductor Manufacturing Company Limited (TSM). The company’s products show a strong backlog due to supply chain constraints in advanced manufacturing processes.

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Read more at Yahoo Finance: Bank of America Securities Maintains Buy Rating on Taiwan Semiconductor Manufacturing (TSM) Stock