TSMC (TSM.US) Q3 revenue beats expectations; Wedbush is bullish on AI-driven growth prospects and maintains an "Outperform" rating.
Zhito Finance APP has learned that TSMC's (TSM.US) third-quarter revenue performance exceeded market expectations, further highlighting the strong growth momentum in demand for artificial intelligence (AI) chips. U.S. investment bank Wedbush Securities believes that TSMC's latest revenue figures send a positive signal for its fourth-quarter performance outlook and continues to view it as a high-quality investment target for positioning in the long-term AI growth trend.
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