tsmc stock leaps as taiwan market surges past 20,000
Taipei, Monday, 28 April 2025.
Taiwan’s stock market is off to a strong start, breaking through the 20,000-point barrier. Leading the charge is tsmc, whose stock price jumped to ntd $898. This surge signals robust investor confidence in the semiconductor giant. Market analysts are watching closely to see if this trend will continue, further solidifying tsmc’s position in the global tech landscape. The increase reflects positive investor sentiment and market activity surrounding tsmc, a major player in the semiconductor industry.
current stock performance
On April 28, 2025, TSMC’s stock (2330.TW) opened at ntd $898, reaching a high of ntd $898 and a low of ntd $893 [1]. The average price was ntd $896, with a transaction value of ntd 19.527 billion [1]. Compared to the previous closing price of ntd $888, the stock experienced a rise of ntd $9.00, translating to a 1.01% increase [1]. The total trading volume amounted to 21,790 lots, while the previous day’s volume was 34,580 lots [1]. The amplitude, which is the difference between the highest and lowest prices, was 0.56% [1].
analyst outlook and price targets
Wall Street analysts view Taiwan Semiconductor favorably, with some predicting a potential upside of over 30% [7]. Morgan Stanley has highlighted that many of TSMC’s clients have agreed to higher contract prices to ensure a reliable product supply [7]. This development is seen as a significant boost, potentially driving TSMC’s market capitalization past the $1 trillion mark [7]. Morgan Stanley raised its target price for TSMC’s Taiwan stock by 28% to ntd $1280 [7].
foundry pricing and gross margin expectations
TSMC’s new chairman, Wei Zhejia, has suggested the possibility of raising prices for AI chip foundry services [7]. This topic was reportedly discussed with Nvidia CEO Huang Renxun, who believes TSMC’s wafer prices are undervalued considering its contributions to the technology industry [7]. Industry forecasts indicate that TSMC’s 3nm foundry quotes could increase by over 5%, and advanced packaging quotes might see an annual rise of 10% to 20% in the coming year [7]. Citigroup anticipates that TSMC’s gross margin will reach 58% in 2025 [7].
manufacturing advancements and ai demand
Citigroup projects that most server AI accelerators will transition to the 3nm process by the end of 2025 [7]. They also expect TSMC’s average foundry pricing for advanced manufacturing processes (below 5nm) to increase by 5% to 10% in 2025 [7]. It is anticipated that prices for N3 and N5 process technologies will see a slight increase of 1% to 5% starting in 2025, with CoWoS prices also rising by approximately 10% [7]. These increases are supported by continued demand for AI technology, which is expected to drive TSMC’s full-year revenue growth by about 20% in 2024 [7].