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TSMC Raises Advanced Chip Prices 5-10%, Susquehanna Bumps Price Target to $575; TSM Recovers to $446

2026-06-24 07:53:37

TSM-0.32%

According to BlockBeats citing Hyperinsight monitoring, on June 24, Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly planning to raise advanced chip production prices by 5-10% during a major expansion phase and shared updates on AI chip progress. Susquehanna simultaneously raised its TSMC price target to $575 on the same day. TSM contract on Hyperliquid platform currently trades at $446, up 1.2% in 12 hours, rebounding from yesterday's dip to the $437.5 on-chain long average cost line and returning to profitable territory for long positions.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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