Prediction: TSMC Stock Is Going to $1,200 by 2030

Taiwan Semiconductor Manufacturing (TSMC) exceeded Q3 expectations with 41% revenue growth and expanding margins driven by AI chip demand. The company expects accelerating growth in Q4 with 58% year-over-year revenue increase. Analysts project TSMC's EPS could reach $60.98 by 2030, potentially driving the stock to $1,200 (nearly 3x current price) based on a 20x earnings multiple valuation.