TSMC Stocks Fall Although $670 Target Raises the Advanced-Chip Stakes

TSMC, the contract chip manufacturer NYSE:TSM, confronts a higher bar for its AI expansion after Barclays reportedly lifted its price target from $665 to $670 and maintained Overweight. Shares traded at $414.95, down approximately 1.73%, at about 10.25 a.m. ET on October 16. The opportunity is clea…