Taiwan Semiconductor Manufacturing Co. Ltd. ADR (TSM)
Meet the Newest Artificial Intelligence (AI) Chip Stock to Join Nvidia in the $1 Trillion Club
$1 trillion may be just a milestone in this company's continued growth amid the AI boom.
TSMC: Increased FY2025 Capex Confirms Strong AI Demand
TSM is undervalued despite nearing all-time highs, driven by strong AI demand that has helped maintain its 30%+ YoY revenue growth trajectory, significantly exceeding the guided 5-year CAGR. The management sees growing demand for lower nanometer ramps, as 3nm accounts of 20% of revenue mix in 3Q, up from 9% in 1Q FY2024. The company continues to significantly expand its margins, providing a higher sequential margin outlook for 4Q, driven by high utilization rates, but warned some pressure in FY2025.
Taiwan Semiconductor: Post-Earnings Bull Strategy
TSMC's Q3 earnings exceeded expectations with $10.1 billion net income and $23.5 billion revenue, driven by strong smartphone demand and advanced artificial intelligence hardware. I maintain a "buy" recommendation, even though TSMC's forward valuation metrics now favor competitors like Qualcomm, suggesting a need for cautious trading. The stock's recent break above $193.47 is bullish, but RSI nearing overbought territory indicates potential momentum slowdown; wait for retracement opportunities.
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Misses and Beats: 3 Stocks That Are Moving Markets Right Now
Mid-October brought a flurry of earnings results from major semiconductor firms like Taiwan Semiconductor Manufacturing Co. NYSE: TSM and ASML Holding N.V. NASDAQ: ASML, plus reports from several big banks, Netflix Inc. NASDAQ: NFLX, American Express Co. NYSE: AXP, and many others.
Should Investors Buy Taiwan Semiconductor Stock After Earnings?
The semiconductor company reported results that ignited investor enthusiasm.
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.
