Taiwan Semiconductor Manufacturing Company Navigates Challenges, Analysts Remain Bullish

As of today, February 24, 2025, Taiwan Semiconductor Manufacturing Company's stock price is around 201.96 dollars per share, with the company trading as low as 200.52 dollars and last trading at 201.96 dollars. The trading volume was 6,271,476 shares, which is a decline of 64 percent from the average session volume of 17,352,859 shares.Recent news and announcements about Taiwan Semiconductor Manufacturing Company include potential deals to split Intel, with Broadcom eyeing Intel's chip-design unit and Taiwan Semiconductor Manufacturing Company considering Intel's manufacturing plants. However, these talks remain preliminary and informal.Major analyst updates include Barclays raising their price objective on Taiwan Semiconductor Manufacturing Company from 240 dollars to 255 dollars and giving the company an "overweight" rating. Needham & Company LLC reiterated a "buy" rating and set a 225 dollar price target on shares of Taiwan Semiconductor Manufacturing Company. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing Company from a "buy" rating to a "hold" rating.The consensus rating among analysts is "Moderate Buy" with an average target price of 220 dollars, indicating a potential upside of 8.65 percent from the current price. The company reported earnings per share of 2.24 dollars for the quarter, beating analysts' consensus estimates of 2.16 dollars by 0.08 dollars.Additionally, Taiwan Semiconductor Manufacturing Company has been in the news for its substantial investments, including new fabs in Arizona, and its focus on meeting strong demand for AI applications. The company's fourth-quarter profit is seen jumping 58 percent on strong AI chip demand, despite facing challenges from US tech restrictions on China and potential tariffs from the upcoming US administration.Overall, Taiwan Semiconductor Manufacturing Company's stock performance and recent news suggest a positive outlook, with analysts anticipating growth and the company demonstrating strong financial performance and operational efficiency.