Rating
Buy
Price target
NT$2,400
Previous
NT$2,150
Implied upside
+42%

Macquarie analyst Arthur Lai raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd.

(2330:TT) (NYSE: TSM) to NT$2,400.00 (from NT$2,150.00) while maintaining a Outperform rating.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

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Previous notes from Macquarie on TSMC

Macquarie Buy RaiseJul 17, 2026 maintained Macquarie Buy ReiterateJun 22, 2026 maintained Macquarie Buy Raises targetApr 16, 2026 $2,550from $2,400

Other TSMC notes

NeedhamBuy Raises target · Jul 27, 2026 $530from $480 DA DavidsonBuy Note · Jul 17, 2026 from $450 TD CowenHold Note · Jul 17, 2026 from $400 JP MorganBuy Reiterate · Jul 17, 2026 maintained BarclaysBuy Note · Jul 17, 2026 from $625

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