TSM.BA is trading 5.2% up today at $78125.00 following a sharp rebound in the prior session, supported by upbeat AI demand sentiment and a fresh analyst target hike.

  • UBS raised its price target on the stock while reiterating a Buy rating, citing robust, multi-year growth expectations from surging AI chip demand.
  • The company is benefiting from broader tech-led market strength as investors remain optimistic about the semiconductor sector's role in the AI expansion.