Citi lifts TSMC PT, sees chipmaker raising 2026 growth outlook on AI demand

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Citi has raised its price target for TSMC and anticipates the semiconductor manufacturer will revise its 2026 growth outlook upward due to rising demand from artificial intelligence applications. This highlights the growing importance of AI-driven technology demand in the chip industry.

Markets AI & Tech TSMC Citi price target semiconductors AI demand technology growth

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