TSMC Stock Soars on AI Hype, But Analysts Urge Caution on Sustained Growth Amid Geopolitical Uncertainty

• TSMC shares have surged over 110% amid investor mania over AI, but the rapid ascent makes risks harder to ignore • The stock's RSI has been in overbought territory for months and trades at a big premium to analyst targets • Growth outlook has risks - unclear if orderbook is from end-demand or inventory stocking, Apple downturn, geopolitics • Analysts remain largely optimistic due to strong orderbook, AI revenue growth, and attractive valuation • Some analysts urge caution on sustainability of heightened AI demand and potential China smartphone order declines