Mon Jan 05 11:40:00 UTC 2026: ## Taiwan Semi Stock Surges After Goldman Sachs Predicts Further Growth
New York, NY – Shares of Taiwan Semiconductor Manufacturing Co. (TSM) jumped on Monday following a bullish forecast from Goldman Sachs analysts. The chipmaker’s American depository receipts (ADRs) rose 3% to $329.07 in early trading after Goldman set a new target price of $466 for the ADRs and NT$2,300 for the locally traded shares (TW:2330).
This positive assessment comes on the heels of a successful year for Taiwan Semi, with shares gaining an impressive 45% over the past twelve months. Goldman Sachs analysts believe the company is poised for further growth, leading to the optimistic price target.
Taiwan Semiconductor Manufacturing Co. is a global leader in chip manufacturing and plays a crucial role in the technology supply chain. This news is likely to be closely watched by investors as it could signal continued strength in the semiconductor industry.
First Piper 