$Taiwan Semiconductor Manufacturing(TSM)$ Susquehanna analyst Mehdi Hosseini raised the firm's price target on TSMC to $575 from $500, maintaining a Positive rating. The firm updated its model, including its capex and capacity strategy, which they believe will exceed both consensus and buy-side expectations. The key uncertainty remains how token growth, and the associated silicon requirements, could drive potential supply-demand imbalances.
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