Tsm stock forecast

AI is a major catalyst for growth in the cloud computing market, since businesses can use AI in the cloud to get better insights from their data. Oracle (NYSE: ORCL) might be the best cloud stock to buy based on its leadership in enterprise database services and its extensive data center infrastructure that is optimized for AI. Chris Gessel shares tips for using regression channel lines on indexes and individual stocks. TSM stock forecast now targets $162 based on recent price-volume analysis, with accumulation patterns forming above the 50-day SMA.