Citi analysts said TSMC's revenue growth could exceed 40% by 2027 amid strong AI computing demand, potential upside from agentic AI, and the rise of co-packaged optical networking cycles. According to Sina Finance, the analysts said TSMC's AI revenue growth could nearly double next year as growth is expected to accelerate for most of its AI chip customers, including Nvidia, AMD, and Broadcom.

Citi said TSMC's market consensus earnings estimates are likely to keep rising. According to Sina Finance, the analysts also said TSMC's capital expenditure could increase further to $81 billion in 2027 and $90 billion in 2028, and they kept a Buy rating on the chipmaker while raising the target price from NT$3,800 to NT$4,000.