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Citigroup raised its price target on TSMC to NT$3,800 from NT$2,875. The bank says TSMC, due to report Q2 results in mid-July, may further lift 2026 revenue guidance on sustained demand for leading‑edge chips and improved long‑term visibility. Citigr

2026-07-06

Citigroup raised its price target on TSMC to NT$3,800 from NT$2,875. The bank says TSMC, due to report Q2 results in mid-July, may further lift 2026 revenue guidance on sustained demand for leading‑edge chips and improved long‑term visibility. Citigroup highlights TSMC's scale advantage as a key differentiator supporting wafer pricing, customer stickiness and sustainable gross margins amid intensifying foundry competition. The bank adds TSMC remains a primary beneficiary of ongoing AI semiconductor demand regardless of client mix.

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2026-07-05

The China Earthquake Networks Center officially reported that a magnitude 3.3 earthquake occurred at 21:41 on July 5 in Gongliu County, Ili Prefecture, Xinjiang (43.58 degrees north latitude, 82.51 degrees east longitude), with a focal depth of 22 ki

The China Earthquake Networks Center officially reported that a magnitude 3.3 earthquake occurred at 21:41 on July 5 in Gongliu County, Ili Prefecture, Xinjiang (43.58 degrees north latitude, 82.51 degrees east longitude), with a focal depth of 22 kilometers.
2026-07-06

South Korean President Lee Jae-myung: The location of large-scale projects must be discussed.

South Korean President Lee Jae-myung: The location of large-scale projects must be discussed.
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