Investment bank Morgan Stanley has issued a fresh investment note for TSMC's Taiwan shares. TSMC's shares dipped by 5.7% in Taiwan today as markets reacted to the prospect of tariffs against the firm's products imported into the US. In its note, Morgan Stanley kept a NT$1,388 share price target for TSMC and stressed that while the tariffs will impact the firm's short-term performance, TSMC's competitive advantages will ensure that it attracts most of the world's chip orders. TSMC's Competitive Advantages Can Help It Counter Impact Of Tariffs Over Long Term, Says Morgan Stanley As per a report in the Taiwanese […]
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