Taiwan Semiconductor Manufacturing Co. Ltd. ADR (TSM)
AI predicts TSMC stock price for year-end
Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the world's largest contract chipmaker, continues to make waves in the semiconductor industry with its remarkable performance in the third quarter of 2024.
Taiwan Semiconductor Stock Today: This Butterfly Trade Comes With A Twist, Could Earn $927
Take advantage of higher implied volatility as the undercurrent of markets shifts.
This Bullish Analyst Highlights Taiwan Semi's 3nm Strength and Margin Expansion Potential, Raises Forecast
Needham analyst Charles Shi maintained Taiwan Semiconductor Manufacturing Company TSM with a Buy and raised the price target from $210 to $225.
TSMC (TSM) Is Up 5.33% in One Week: What You Should Know
Does TSMC (TSM) have what it takes to be a top stock pick for momentum investors? Let's find out.
TSMC: Great Value For Shareholders And A Bright Outlook, Buy
TSMC's stock has risen 21.15% since my last buy rating, driven by innovation, industry-leading products, and a loyal client base. TSMC's strong revenue growth, particularly in the AI and smartphone markets, positions it well for long-term growth and value creation for investors. DuPont and EVA analyses highlight TSMC's superior profitability and efficiency compared to Intel, making it a solid investment with strong fundamentals.
TSMC Says It Complies With Export Controls After Report of U.S. Probe
“TSMC is a law-abiding company and we are committed to complying with all applicable rules and regulations," the company said.
TSMC Q3: The Ultimate AI Weather Vane
TSMC's Q3 earnings surpassed expectations, with a 39% Y/Y revenue surge and 54% Y/Y earnings growth, driven by high-performance computing demand. TSMC's AI-driven growth is profitable, with the company managing to translate AI spending into significant earnings and free cash flow growth. The company forecasts $26.1B to $26.9B in Q4 revenue, implying 35% Y/Y growth and potential gross margin expansion.
Buy Taiwan Semiconductor-Heavy ETFs on Upbeat Earnings
Taiwan Semiconductor Manufacturing Company (TSM) stock gained 9.8% on Oct. 17, 2024, on upbeat earnings.
Taiwan Semiconductor Q3 Earnings: 'Demand Right Now Is Insane'
Taiwan Semiconductor reported strong Q3 FY24 results, driven by "insane" AI demand, with sales growing 36% y/y, beating expectations. Management expects continued robust AI and smartphone demand, projecting Q4 revenues between $26.1 billion and $26.9 billion, a 35% y/y increase. Taiwan Semi's strong margin profile, with gross margins at 57.8% and operating margins at 47.5%, supports an earnings growth estimate of ~26% for 2025.
TSMC leads semiconductor recovery as shares shoot up 5%
Shares in the Taiwan Semiconductor Manufacturing Company shot up nearly 5% on Friday after the world's largest semiconductor-manufacturing plant overshot expectations in the third quarter. TSMC, which is valued north of US$880 billion, offered relief to the broader microchip space after ASML Holdings NV's disappointing results earlier this week.
All the stars have aligned for TSMC, but don't get carried away: Magellan Capital
Britney Lam of Magellan Capital says that TSMC is a unique case in the semiconductor sector, but with the non-AI segment of the industry weighing it down, she sees further upside for the stock will be capped at 15-20% from current levels.
TSMC stock hits new high after posting forecast-beating earnings
Taipei-listed shares in TSMC hit a record high on Friday after the chipmaker posted forecast-beating third-quarter earnings and predicted a rosy outlook on strong artificial intelligence (AI) demand.
