Tsmc stock price forecast 2025 technical chart patterns suggest the

Technical chart patterns suggest the "TSMC stock price forecast 2025" may form a bullish breakout past the $135 resistance, with institutional buying momentum in Q1 Moreover, investors should watch for sales of the most advanced chips, namely those in the 2nm – 5nm size range that power the most advanced AI functions. This is the area where TSMC stands out above competing foundries, since Samsung is the only other chip producer that can manufacture these smaller chips. TSMC’s largest revenue segment remains High-Performance Computing (HPC), which reached 60% of total revenue in H1 2025 , up from 52% last year. This reflects surging demand for AI chips, GPUs, and custom ASICs designed by hyperscalers like AWS, Google, and Microsoft. Smartphones account for the second-largest share, while automotive exposure sits at just 5% , minimizing tariff risks. With U.S. import tariffs on semiconductors set at 100% , exemptions granted for domestic production have insulated TSMC, further incentivizing its U.S. expansion. Management has emphasized that customer behavior has not shifted despite tariff uncertainties, underlining the resilience of demand. The "TSMC stock price forecast 2025" incorporates capital expenditures exceeding $32B, aimed at advanced process nodes. Market models suggest such investments can lift long-term EPS by over $2, strengthening valuation outlooks.