TSMC stock jumps 5% premarket after Goldman lifts target; earnings countdown starts
TSMC’s U.S.-listed shares jumped 5.2% to $319.61 in premarket trading Monday after Goldman Sachs raised its price target, citing strong AI-driven demand and tight chip capacity. In Taipei, TSMC stock hit a record NT$1,695. Investors await the company’s December sales update on Jan. 9 and quarterly results on Jan. 15.