“TSMC shares hit record high after Morgan Stanley lifts client Nvidia’s price target on AI chip demand” [Feb 15]
February 21, 2024
“Shares of Taiwan Semiconductor Manufacturing Company reached an all-time high on Thursday after Morgan Stanley lifted the price target on chip designer Nvidia, citing a continued surge in AI demand… Morgan Stanley increased the price target on the U.S. chip giant to $750 from $603 on Feb. 7 and said it continues “to see a very strong near term picture.”…”