Semiconductor stock investors got great news about starting the earnings season from Taiwan Semiconductor (TSM 1.33%).
The management team forecasts a compound annual growth rate of over 20% for the next several years.
'Mad Money' host Jim Cramer looks at Taiwan Semiconductor earnings and how they could have impacted the stock market.
'Mad Money' host Jim Cramer looks at Taiwan Semiconductor earnings and how they could have impacted the stock market.
TSMC is set to increase FY25 capex by 34%. This is a very healthy demand signal, driven by aggressive AI-related spending and augmented by the N2 process node's ramp. TSMC may be at peak gross margins as dilution is expected from the ramp-up of additional capacity. But there are structural improvements too, driven by productivity and utilization increases. TSMC's discount vs peers has widened a little bit from what it was a few days before the Q4 FY24 earnings release.
The company plans to increase capital expenditures by roughly 33% in 2025.
Thanks to better-than-expected sales for artificial intelligence end markets, Taiwan Semiconductor Manufacturing (TSM -1.53%) management is optimistic about its future.
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Chipmaker TSMC said on Tuesday that all its sites were operating following an overnight earthquake in southern Taiwan.
US markets are keenly awaiting more color on Trump's stance on the “Chips and Science Act” following his public criticism of the costs associated with that bill. Tariff, he argued during his campaign, could have been a more effective and cost-friendly initiative for onshore chip manufacturing.
Does TSMC (TSM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Recently, Zacks.com users have been paying close attention to TSMC (TSM). This makes it worthwhile to examine what the stock has in store.