TSMC just hit a record high, and it's got Wall Street scrambling to raise price targets left and right. The chip giant's surge is pulling analysts off the sidelines—everyone suddenly wants to be bullish. It's a classic signal: when the big names start revising up their outlooks after a major rally, sentiment in the broader tech sector is shifting. For traders keeping tabs on macro trends, this kind of institutional FOMO matters. The semiconductor space is cooling down after its wild run, but conviction moves like this suggest smart money still sees legs in the play. Worth watching how long this enthusiasm actually sticks around when volatility inevitably returns.