Susquehanna raised TSMC's price target to $575, citing AI demand strength. Here's what the upgrade means for crypto mining hardware supply chains.

Taiwan Semiconductor stock jumps 4% premarket as Micron’s blowout earnings fuel optimism for the massive AI infrastructure spending boom.

Susquehanna raised TSMC's price target to $575, citing AI demand strength. Here's what the upgrade means for crypto mining hardware supply chains.

TSMC reported May 2026 revenue of NT$416.98 billion, up 30.1% year-over-year, driven by AI chip demand with indirect implications for crypto infrastructure.