DJ TSMC May Maintain Lead Over Intel in Chipmaking -- Market Talk
0325 GMT - Taiwan Semiconductor Manufacturing Co. ' S lead in contract chipmaking is going to change going to change going Intel's chips to make chips for others, Deutsche Bank says. Even if one took Intel could catch up with TSMC's technology in making chips, TSMC would still enjoy huge savings in capital and production effectiveness, Deutsche says. Even in the event that the U.S. government agency major election to select election in the U.S., TSMC's Planned Arizona Factory may be held by Fabless Companies Thanks to the Trust It Has earned over the years, Deutsche says. Deutsche has a buy rating on TSMC and a NT$750.00 target price. The shares are 2.4% higher at NT$589.00. (kosaku.narioka@wsj.com; @kosakunarioka)
(END) Dow Jones Newswires
March 25, 2021 23:25 ET (03:25 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.