Nomura released a research report raising its target price for TSMC (2330.TT)(TSM.US) 's Taiwan stock from TWD1,280 to TWD1,310, with rating kept at Buy.TSMC guided its 3Q25 revenue to grow 6-10% QoQ, ahead of the broker's above-market-consensus forecast of 3-7%. Despite market expectations for a higher full-year revenue estimation, TSMC lifted its full-year growth estimate to about 30%, with the broker believing the actual figure in USD terms could reach 31%.Related NewsCore PPI YoY for Jun in United States is 2.6%, lower than the previous value of 3.0%. The forecast was 2.7%.Nomura remained optimistic about the demand outlook for 2nm. Considering Apple (AAPL.US) 's potential full adoption of its application processor series next year, along with the strong product line migration of other customers like AMD (AMD.US) , the broker raised its 2025-2027 EPS forecasts for TSMC by 3-5%. (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)