[Citigroup: TSMC's Revenue Growth Expected to Stay Above 40% Through 2027] Odaily Planet Daily News - Citigroup analysts stated in a research report that driven by strong AI computing power demand, the potential growth of AI agents, and the rise of co-packaged optics (CPO) network cycles, TSMC's revenue growth rate is expected to remain above 40% through 2027. Analysts noted that considering most AI chip clients, including NVIDIA, AMD, and Broadcom, are expected to see accelerated growth, TSMC's AI-related revenue growth next year could nearly double. Therefore, Citigroup anticipates that the market will continue to revise upward its earnings expectations for TSMC. Citigroup pointed out that supported by strong revenue prospects, TSMC's capital expenditures could further rise to $81 billion in 2027 and $90 billion in 2028. Citigroup maintains a 'Buy' rating on TSMC and has raised its target price from NT$3,800 to NT$4,000. (Jin10)