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Story summary
- Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) earns attention as a leading AI stock after Brad Lin of BofA Securities raised its price target to $470 and kept a Buy rating on January 15.
- Analysts credit TSMC's pricing power and tech leadership as drivers of a 30% CAGR in blended wafer pricing from 2025 to 2027.
- Some analysts say other AI stocks may offer greater upside with less risk.
