Svmuu News: According to Hyperinsight, TSMC. is reportedly set to raise prices for advanced-process foundry services by 5% to 10% during a large-scale capacity expansion and will disclose the latest progress on its AI chips; Susquehanna also raised its price target for TSMC. to $575 today, boosting TSM’s stock price.TSM futures on the Hyperliquid platform are currently trading at $446, up 1.2% over the past 12 hours.
Yesterday, TSM briefly retreated to around $437.5, the average entry price for on-chain long positions, before rebounding from its low and recovering above that level, bringing the overall long positions back into the floating profit zone.
The largest on-chain TSM short whale holds a 3x leveraged short position in TSM worth approximately $1.13 million, with an average entry price of $414.28.The current marked price is approximately 7.7% above their cost line, resulting in a paper loss of about $81,100 (-20%), with a liquidation price of $559.37.Large short positions in the same direction on-chain total approximately $3.28 million, while opposing long positions total approximately $1.37 million.
TSMC Expectations of price hikes for advanced processes are growing, and TSM prices rebounded after hitting the on-chain bulls' cost moving average.
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Source:Odaily · Source Link
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