Morgan Stanley highlighted Taiwan Semiconductor Manufacturing as its top stock pick once again after strong artificial intelligence capital expenditures from Meta and Microsoft helped dispel concerns. The bank currently has an overweight rating on shares of the Taiwan-dominated Taiwan Semiconductor Manufacturing. Analyst Charlie Chan’s price target of NT$1,288.00 implies a potential upside of 42% from the stock’s April 30 close of NT$908.00. Shares of the Taiwan-traded Taiwan Semiconductor…
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https://www.cnbc.com/2025/05/02/morgan-stanley-says-this-is-the-top-pick-to-buy-after-microsoft-and-meta-sound-the-all-clear-on-ai-spending.html
