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Why Taiwan Semiconductor’s 6.5% Dip Could Be a Smart Buy

Investing.com Logo Investing.com By Jeffrey Neal Johnson
Why Taiwan Semiconductor’s 6.5% Dip Could Be a Smart Buy

Taiwan Semiconductor Manufacturing (TSM) experienced a 6.5% revenue decline from October to November, but year-over-year revenue grew 24.5%. The article suggests this short-term dip is a seasonal fluctuation and presents a potential buying opportunity, especially given the company's strong position in AI chip manufacturing.

Insights
PI   neutral

Stock dropped 32% after earnings, but analysts raised price target by 19% to around $239, suggesting strong future potential


TSM   positive

Despite monthly revenue drop, the company shows strong year-over-year growth, dominates AI chip manufacturing, plans dividend increase, and trades below analyst price targets