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TSMC Soars Most Since 2020 After Broker Upgrades on AI Prospects

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Feb. 15, 2024, 1:49 a.m. | Jane Lanhee Lee, Jeanny Yu

Bloomberg Technology bloomberg.com

Taiwan Semiconductor Manufacturing Co. gained its most in more than three years after Morgan Stanley lifted its price target on Nvidia Corp.’s chipmaker by about 9%, citing its growing AI business.

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