TSMC(TSM.US) 's 2Q25 results far beat expectations, with no signs of slowdown in demand for advanced processes, according to Goldman Sachs' research report. The broker raised its 2025-2027 EPS estimations by 7-13%, and elevated its target price for TSMC's Taiwanese stock from TWD1,210 to TWD1,370, with rating kept at Buy and keeping it on Conviction List Buy.Related NewsMichigan Consumer Sentiment Prel for Jul in United States is 61.8, higher than the previous value of 60.7. The forecast was 61.5.Goldman Sachs believed that TSMC's outlook on demand for advanced processes is more optimistic, with no signs of weakening AI customer demand. The broker now predicted the revenue contribution from the 2nm process at the initial stage of mass production to be significantly higher than that for 3nm process, especially in the first two years, driven by smartphones and HPC demand.(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)