On June 6th, Goldman Sachs released a report stating that TSMC is considering increasing production costs for Nvidia, and the chairman of TSMC also revealed a greater potential for price adjustments at a shareholder meeting. The bank believes that TSMC is currently facing higher cost pressures and is implementing a global strategy for selling its value, while the company may attempt to pass on costs to its customers in order to achieve a long-term gross margin target of 53% or higher. In addition, regarding the comments made by TSMC chairman at the shareholder meeting, the bank believes that it may want to "test" the opinions and views of end customers before annual price negotiations. If TSMC raises prices, the most likely scenario is to raise the pricing of advanced nodes and CoWoS at the same time. The bank has a target price of 975 New Taiwan dollars for TSMC's Taiwan stock and believes that the company's leading technology position is solid, giving it a "buy" rating.
大行评级｜高盛：予台积电“买入”评级 技术领先地位稳固确保其价值销售策略
Goldman Sachs rates Taiwan Semiconductor as "buy", and its csi leading technology index ensures its solid position and sales strategy value.
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