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Could Deliver over 40% Revenue Growth into 2027","url":"https://stock-news.laohu8.com/highlight/detail?id=2673551042","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673551042?lang=en_us&edition=fundamental","pubTime":"2026-10-08 10:38","pubTimestamp":1791427080,"startTime":"0","endTime":"0","summary":"0238 GMT - TSMC could deliver over 40% revenue growth into 2027 amid robust AI compute demand, potential upside from agentic AI and the emergence of a co-packaged optics networking cycle, Citi analysts say in a research note. TSMC's AI revenue growth could nearly double next year given most of its AI chip customers, including Nvidia, AMD and Broadcom, are expecting accelerating growth, they say. As a result, Citi expects continuing consensus earnings upgrades for the chip maker. TSMC's capex could further rise to US$81 billion and US$90 billion in 2027 and 2028, respectively, supported by strong its revenue outlook, they note. Citi maintains its buy rating on TSMC and raises its target price for TSMC to NT$4,000 from NT$3,800. 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Shares of Nvidia slipped 0.2%.Intel rose 1.3% after Elon Musk downplayed rival semiconductor manufacturer Taiwan Semiconductor Manufacturing Co.'s role in his Terafab chip venture. TSMC stock dropped 1.5%.Constellation Brands dropped 4.9% after the brewer beat analysts' second-quarter earnings target but signaled weak underlying demand for two of its flagship brands -- Modelo Especial and Corona Extra.FICO slipped 0.1% after the credit-score provider said it would cut 15% of its staff and integrate \"AI-driven product development.\"Data-center operator Applied Digital and clothing company Levi Strauss are set to report earnings after Wednesday's closing 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