Citigroup analysts said in a research report that at a time when demand for AI computing is strong, intelligent integrated AI may bring upward space, and the rise of a co-packaged optical network cycle, TSMC's revenue may increase by more than 40% by 2027. According to these analysts, given that TSMC's AI chip customers expect growth to accelerate, the company's AI revenue growth may nearly double next year. As a result, Citi anticipates that the chipmaker's average profit expectations in the market will continue to rise. Citigroup analysts pointed out that, supported by strong revenue prospects, TSMC's capital expenditure may rise further to US$81 billion and US$90 billion by 2027 and 2028, respectively. Citi maintained its purchase rating for TSMC and raised TSMC's target price from NT$3,800 to NT$4,000.

Citigroup analysts said in a research report that at a time when demand for AI computing is strong, intelligent integrated AI may bring upward space, and the rise of a co-packaged optical network cycle, TSMC's revenue may increase by more than 40% by 2027. According to these analysts, given that TSMC's AI chip customers expect growth to accelerate, the company's AI revenue growth may nearly double next year. As a result, Citi anticipates that the chipmaker's average profit expectations in the market will continue to rise. Citigroup analysts pointed out that, supported by strong revenue prospects, TSMC's capital expenditure may rise further to US$81 billion and US$90 billion by 2027 and 2028, respectively. Citi maintained its purchase rating for TSMC and raised TSMC's target price from NT$3,800 to NT$4,000.