Citigroup analysts said TSMC's revenue growth could remain above 40% through 2027, driven by strong AI compute demand, expansion of AI agents and an emerging co‑packaged optics (CPO) network cycle. With most AI‑chip customers — including NVIDIA, AMD and Broadcom — expected to accelerate, Citigroup said TSMC's AI‑related revenue growth could nearly double next year, prompting further market upgrades to earnings estimates. Citigroup sees TSMC capex rising to $81bn in 2027 and $90bn in 2028. It mai

Citigroup analysts said TSMC's revenue growth could remain above 40% through 2027, driven by strong AI compute demand, expansion of AI agents and an emerging co‑packaged optics (CPO) network cycle. With most AI‑chip customers — including NVIDIA, AMD and Broadcom — expected to accelerate, Citigroup said TSMC's AI‑related revenue growth could nearly double next year, prompting further market upgrades to earnings estimates. Citigroup sees TSMC capex rising to $81bn in 2027 and $90bn in 2028. It maintained a buy rating and raised its PT to NT$4,000 from NT$3,800.