Meanwhile, Morgan Stanley reduced its price target for TSMC to TWD2,330, while maintaining an Overweight rating, suggesting potential concerns regarding order reductions for CoWoS technology could be mitigated by increased AI investment from major companies. Daiwa Securities upgraded TSMC's stock rating to Buy, despite a slight reduction in the price target, due to robust revenue performance and anticipated growth from AI servers and upcoming product releases. These recent developments highlight the mixed but generally positive analyst sentiment surrounding TSMC's future performance in the semiconductor industry. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.