TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED Hits Price Target, Profits 38.45% - QuantWave Analysis

TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED (TSM) has successfully reached its price target forecast, resulting in a profit of 38.45% for investors. The forecast signal was issued on 2024-08-27 with a price of 168.73 $ and a predicted long direction. On 2025-07-02, the stock reached the target price of 233.6 $. This achievement highlights the accuracy and effectiveness of QuantWave's analytics in predicting market movements.

The stock's movement can be attributed to various factors such as strong earnings reports, market trends, and overall sector performance. TSM's position as a key player in the semiconductor industry also likely contributed to its positive performance. Investors who followed QuantWave's forecast and acted on the recommended long position have realized significant gains in their portfolios.

QuantWave is an automated forecasting platform that provides predictions for a wide range of stocks, offering opportunities for investors to capitalize on market movements. For those seeking to enhance their investment strategy, QuantSchool offers professional educational resources to better understand and utilize the QuantWave system. By following the key principles outlined in QuantSchool, investors can strive to generate consistent income using QuantWave's forecasting capabilities.