Taiwan Semiconductor Manufacturing Co. Ltd. ADR (TSM)
TSMC says it is a law abiding company, after report of US probe
Taiwanese chipmaker TSMC said on Friday that it was a law abiding company and committed to complying with laws and regulations, including export controls, following a media report the U.S. government was probing their dealings with China's Huawei.
TSMC Forecasts Lifts Chips
Semiconductors see a boost as TSMC results and forecasts exceed expectations. Bloomberg's Peter Elstrom joins Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Technology.
TSMC Q3: Strong Growth In Server AI Processor Market
I reiterate a “Buy” rating for Taiwan Semiconductor Manufacturing Company Limited with a one-year target price of US$240 per share, driven by strong AI demand and advanced processes. TSMC's 2nm and A16 processes are key growth drivers, with mass production starting in 2025 and significant adoption expected by Apple for iPhone 18. Q3 FY24 results showed 39% revenue growth, driven by 3nm and 5nm technologies, with AI server processors projected to triple in revenue contribution.
TSMC: Shrinking Nanometers, Growing Top Line - Buy
Taiwan Semiconductor Manufacturing Company Limited reported Q3 results and outlook Thursday morning, reversing ASML Holding's negative outlook and confirming our positive thesis on the stock. We expect the outperformance to be supported once again by AI, as well as smartphones, on the specific thesis that both moving to smaller nanometer nodes will work in TSMC's favor. Management expects capex for the current quarter to double to approximately $11.5B due to healthy demand, with CEO Wei noting “the demand is real."
Taiwan Semiconductor Earnings Reignites the AI Boom
Taiwan Semiconductor ( TSM ) reported quarterly earnings this morning and did not disappoint shareholders. Earnings came in 8.9% above analysts' expectations and showed a 54.2% year-over-year (YoY) increase, while revenue beat estimates by 1.3% and grew an impressive 39% YoY.
Nvidia Stock Hits Another Record High as AI Chip Excitement Returns
Shares of Nvidia (NVDA) set a fresh record intraday high Thursday as a blowout earnings report from supplier Taiwan Semiconductor Manufacturing Co. (TSM) eased concerns that the semiconductor market was stalling.
Why Artificial Intelligence (AI) Chipmaker Taiwan Semiconductor Manufacturing Charged Higher on Thursday
The foundry giant served up convincing evidence that the artificial intelligence (AI) revolution is far from over.
Chart of the Day: Taiwan Semi
Taiwan Semi is surging on guidance, it's our Chart Of The Day. The Committee debate chip stocks and Jim Lebenthal buys more Applied Materials.
TSM "as Important to A.I." as NVDA
Diane King Hall says "blue sky opportunity" remains in the A.I. space, and TSMC (TSM) is the "bellwether" of the flock.
Chip Stocks Rally as TSMC Earnings Point To Strong AI Demand
Chip stocks rose Thursday after the world's largest contract chipmaker, Taiwan Semiconductor Manufacturing Co. (TSM), reinvigorated Wall Street's AI enthusiasm with better-than-expected quarterly results and a rosy financial outlook.
TSMC's Q3 2024 Earnings Beat Unveils A New Catalyst
Taiwan Semiconductor Manufacturing Company Limited's blockbuster Q3 outperformance continues to support a robust AI demand environment, complemented by better-than-expected internal management of its cost structure. Despite the increasing mix shift to margin-dilutive 3 nm volumes, TSMC exceeded the upper range of its previous gross profit guidance for Q3 and is positioned for further expansion exiting 2024. This accordingly mitigates the anticipated impact of impending cost challenges facing TSMC, including new facility ramp-up costs and rising electricity prices heading into 2025.
A.I. Buying Opportunities: TSM, NVDA, ASML
"Anytime you see a dip, it's a buying opportunity" for A.I. stocks, according to Matt Tuttle.
