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Prediction: TSMC Stock Will Soar After Aug. 26 Thanks to Nvidia’s Historic Quarter

The Motley Fool·
Prediction: TSMC Stock Will Soar After Aug. 26 Thanks to Nvidia’s Historic Quarter

TSMC is expected to benefit from Nvidia's strong earnings report on Aug. 26. As Nvidia's largest customer (accounting for over 20% of TSMC's revenue), Nvidia's robust order book, new chip generation launches, and potential 15% price hikes should drive TSMC's growth. Analysts project TSMC's EPS could reach $47.75 by 2030, potentially pushing the stock to $1,150 (182% upside from current levels).

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