TSMC Shares Soar on Goldman Sachs Target Hike, AI Demand Fuels Record Jump

• TSMC shares surged by the most since April, hitting a new record, driven by strong AI demand.
• Goldman Sachs raised its TSMC price target by 35% to NT$2,330, citing anticipated strong growth.
• The rise in TSMC shares spearheaded a broad surge in Asian tech equities, reflecting investor confidence in AI.
• TSMC's market valuation surpassed $1 trillion in 2025, underscoring its pivotal role in the AI boom.
• Other semiconductor stocks like Samsung Electronics also saw gains, with results expected soon.

Why It Matters: AI demand and Goldman Sachs' raised target propelled TSMC shares to a record high.