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[Analyst: TSMC's 2025 revenue is expected to reach $100 billion] New Street Research analyst Pierre Ferragu reiterated TSMC's buy rating with a target price of NT $700 in his latest report. He expects the semiconductor downturn to end next year, when TSMC's earnings will rebound, and 2025 will be a bumper year because revenue will reach a record high of $100 billion.
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