TSMC's Expansion Plans: Taiwan Semiconductor Manufacturing Company (TSMC) is set to build at least five more semiconductor facilities in Arizona as part of a significant investment deal, which is currently under negotiation and may be announced soon.
Investment in U.S. Manufacturing: TSMC's investment in the U.S. has reached $165 billion, including plans for new fabrication plants and advanced packaging facilities, aiming to enhance its manufacturing capabilities in America.
Trade Deal with Taiwan: The Trump administration is reportedly nearing a trade deal with Taiwan that would reduce U.S. tariffs on Taiwanese semiconductor products, potentially lowering tariffs from 20% to 15%.
Market Reactions: TSMC shares have seen a significant increase over the past year, gaining over 64%, while sentiment around its stock remains bullish amid high trading volumes and predictions of further price surges.
Wall Street analysts forecast SMH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SMH is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast SMH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SMH is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 401.930
Low
Averages
High
Current: 401.930
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
