Citigroup: TSMC's Advanced Process Chip Supply May Remain Tight

Bitget

News

格隆汇2026/01/16 04:17

Show original

By:格隆汇

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Glonghui, January 16｜Citi analysts pointed out in a research report that the supply of TSMC’s advanced process chips may remain tight for some time. Management reiterated during the earnings call that they are making every effort to narrow the supply-demand gap. Despite rising costs for more advanced process nodes, Citi believes that AI demand is positive for both TSMC’s revenue and profit margins, strengthening its foundation to maintain industry-leading profitability throughout the cycle. Regarding the advanced packaging business, analysts expect TSMC’s capacity to reach 1.2 million to 1.3 million wafers by 2026, increasing to 1.8 million to 2 million wafers by 2027. Citi maintains its “Buy” rating on TSMC and raised its target price from NT$2,450 to NT$2,600.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Same-store sales growth in the United States fell to 0.8%, reaching a new low in over a year. McDonald's is urgently adjusting its strategy, planning to implement long-term affordable pricing, temporary discounts, and suspension of random inspections to optimize the service experience, making every effort to restore customer traffic and stock price.

智通财经•2026/09/17 23:31

IperionX validates technology to scale US titanium production

Mining.com•2026/09/17 23:18

Fed Rate Hike Adds More Pressure as U.S. Mortgage Rates Rise for Four Consecutive Weeks, Approaching 7%, Housing Market Recovery May Be Further Delayed

Freddie Mac reported on Thursday that as of September 17, the average 30-year fixed mortgage rate in the United States rose to 6.95%, up from 6.76% the previous week. This marks the fourth consecutive weekly increase and the highest level since January 2025.

智通财经•2026/09/17 22:31