Wallstreetcn.com reports that after Bank of America and HSBC both raised their target prices for TSMC, HSBC's highest target is NT$3,800, and Bank of America's is NT$3,260, both maintaining a "buy" rating. Previously, Bloomberg calculated based on TSMC data that the company's third-quarter revenue through September reached NT$1.49 trillion (approximately US$46.7 billion), a 51% year-over-year increase, exceeding analysts' average expectations and the upper end of the company's guidance, primarily driven by strong ramp-up of 2nm process technology. TSMC is scheduled to release its Q3 earnings report this Thursday (the 15th).