3h ago
Goldman Sachs lifts TSMC price target to NT$2,330 on AI boom, shares jump 6.9% to record high
On January 5, 2026, Taiwan Semiconductor Manufacturing Co.'s shares climbed as much as 6.9% in Taipei after Goldman Sachs raised its price target by 35% to NT$2,330. The move drove TSMC to a new all-time high, helped push Taiwan's Taiex index above 30,000, and prompted other Wall Street firms to boost their targets as AI-related demand strengthens.