Consider Holding TSM for Long-term Gains Amidst Market Volatilit
- Key Insights: TSM is a cornerstone in the semiconductor industry. Despite
current market caution, its strategic partnerships with leaders like Nvidia
position it well for long-term growth. Short-term volatility should not
deter long-term investors as TSM continues to drive technological advances.
- Price Targets: For next week, consider a long position. Target Levels: T1 =
181, T2 = 194. Stop Levels: S1 = 174, S2 = 171.
- Recent Performance: TSM is facing short-term technical market caution,
reflected in its fluctuating stock price. Despite this, its key role in
advancing semiconductor technology maintains its appeal to investors with a
focus on future growth.
- Expert Analysis: Analysts emphasize caution due to market volatility, yet
recognize TSM's potential through strategic industry partnerships that
strengthen its long-term value. The integration with Nvidia is particularly
noted for future growth prospects.
- News Impact: Nvidia's investment in American infrastructure, alongside its
partnership with TSM, underscores TSM's integral role in technological
progress. This positions TSM favorably within broader industrial
collaborations, enhancing its growth trajectory.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.