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Markets · Investing · Business
Finance
Prediction: Taiwan Semiconductor Manufacturing Stock Will Hit $600 by the End of 2027
TSMC is a fantastic AI stock pick now for investors.
Taiwan Semiconductor Manufacturing(NYSE: TSM) has been one of the top artificial intelligence (AI) stocks to own. TSMC holds a unique position in the chipmaking world, and that dominance has allowed the company to reach new heights.
However, I think it's far from done setting all-time highs, and it could reach levels never before seen by the time 2027 rolls around. I think it could get all the way up to $600 per share fairly easily by the end of next year, making it a no-brainer stock to buy right now.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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