Stock TSMC Hits Forecasted Price Target with 23.72% Profit on QuantWave

On October 8, 2024, QuantWave's automated forecasting platform issued a long signal for TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED (TSMC) when the stock was trading at 184.74 $. Today, on June 27, 2025, TSMC has reached the forecasted price target of 228.57 $, resulting in a profit of 23.72% for investors who followed the prediction.

This successful forecast showcases the accuracy and effectiveness of QuantWave's analytics in predicting stock movements. The ability to capture such significant gains demonstrates the potential for investors to make informed decisions and achieve profitable outcomes using QuantWave's forecasting system.

The rise in TSMC's stock price can be attributed to several factors, including the growing demand for semiconductor chips, the company's strong financial performance, and the overall bullish sentiment in the technology sector. Additionally, TSMC's position as a key player in the global semiconductor industry has further contributed to its stock's upward trajectory.

QuantWave continues to provide users with valuable insights and predictive analytics for a wide range of stocks, offering opportunities for potential profits. For those interested in enhancing their investment strategies, QuantSchool provides a comprehensive professional framework for utilizing the QuantWave forecasting system and maximizing returns in the financial markets.