Invezz
05 Oct 2026, 04:35 UTC · 1h ago
Asia stocks surge as Fed hike bets fade: can the rally survive 5% yields
Impact · against what's priced in
The news is largely noise for TSM as the price already incorporates strong AI demand and short-term growth. Advantest gains a positive catalyst from the shifting Fed outlook, as its rate-sensitive industrial/tech profile is currently benefiting from a lowered discount rate.
- TSM+0.10
Already priced in
- The price assumes
Near-term AI demand through 2026
While the article recommends buying based on AI bid and Fed relief, the market already pays for AI demand through 2026 and current high growth levels; this is a confirmation of existing momentum rather than a shift in long-term growth assumptions.
What TSM's price assumes · Sep 3
