The article predicts TSMC stock could reach $1,200 by 2030, nearly threefold within just over four years, after the company's third-quarter results beat expectations. Q3 revenue rose 41% year over year to $46.7 billion, net profit margin reached 51.1%, and EPS climbed 57% to $4.60. TSMC expects Q4 revenue of $53.3 billion, a 58% increase, supported by strong demand for advanced chips used in AI data centers, the ramp-up of its 2nm node, and reportedly planned price increases. The author estimates EPS of $29.82 in 2028 and $60.98 in 2030; at 20 times earnings, the stock could reach $1,219.
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Original headline: Prediction : TSMC Stock Is Going to $1 , 200 by 2030
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