Bernstein Raises TSMC Price Target to $600 From $554, a $46 Increase
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Bernstein raised its price target for Taiwan Semiconductor Manufacturing Company (TSMC) to $600 from $554, lifting its benchmark for the chipmaker by $46. The move follows Bernstein’s Aug. 11, 2026, increase from $430 to $554. The firm maintained its Outperform rating at that time. In a separate August analysis, Bernstein projected that TSMC’s CPU revenue could reach the high-$30 billion range by 2027, up from its earlier estimate of $15 billion to $16 billion. The firm identified AMD, Intel, Apple, Amazon, Google and Arm as key customers for that potential growth.
Source: TokenPost
