Overview
- Goldman Sachs lifted its Taiwan-listed price target by 35% to NT$2,330, helping drive a 6.9% intraday jump to a record in Taipei.
- The U.S. Commerce Department granted a one-year export license for TSMC’s Nanjing fab, allowing U.S.-controlled tools to ship without case-by-case approvals.
- Goldman projects roughly $150 billion in capex from 2026 to 2028 and expects gross margins above 60% as packaging and leading-edge nodes expand.
- Nvidia’s Jensen Huang announced at CES that the Vera Rubin platform is in full production at TSMC on 3nm with significant performance and efficiency gains, the Taipei Times reported.
- TSMC’s value has topped $1.6 trillion, and JPMorgan expects operating margins to reach a three-year high of over 50%, according to Bloomberg.