Chart analysts monitoring GTBIF stock forecast spot a golden cross developing on the daily timeframe, a historically bullish technical indicator that could attract momentum traders. Moreover, TSM is expanding its global footprint by opening up its first 45,000-square-meter microchip plant in Japan . This expansion not only diversifies TSMC’s operational reach beyond Taiwan but also underscores the company’s commitment to addressing the global demand for semiconductors. Furthermore, TSM’s financials are mighty encouraging, with revenues of $19.62 billion in its most recent quarter, surpassing expectations by $50 million. Additionally, EPS reached $1.44, outperforming forecasts by 5 cents, highlighting TSMC’s strong financial health and pivotal role in the semiconductor industry. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Earnings revisions from major brokerages improve GTBIF stock forecast confidence, with revenue estimates nudged higher following stronger-than-expected market penetration.