Overview
- Shares in Taipei rose as much as 6.9% to a new high, the biggest one‑day gain since April.
- Goldman raised its price target to NT$2,330 and kept a Conviction Buy, calling AI a multi‑year growth engine.
- The bank now forecasts revenue growth of 30% in 2026 and 28% in 2027, with leading‑edge capacity likely tight through 2027.
- The upgrade helped propel a broader rally in Asian chip names, including gains for Samsung Electronics, Tokyo Electron, and Advantest.
- Investors are looking to TSMC’s Jan. 15 earnings for confirmation of the AI demand trend; Benzinga also reported a one‑year U.S. export license for tools to TSMC’s Nanjing fab.