Taiwan Semiconductor Manufacturing Co. Ltd. ADR (TSM)
Is TSM stock facing an existential threat?
Though commonly overlooked by companies like Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD), the Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is arguably the most important semiconductor company in the world.
TSMC third-quarter profit seen jumping 40% on strong AI chip demand
Taiwan Semiconductor Manufacturing Co , the main producer of advanced chips used in artificial intelligence applications, is expected to report a 40% leap in third-quarter profit on Thursday thanks to soaring demand.
1 Top Artificial Intelligence (AI) Semiconductor Stock to Buy Hand Over Fist Before Oct. 17
This AI stock has delivered impressive gains in 2024, and it could pop higher following its upcoming quarterly report.
Taiwan Semiconductor: One Of The Best (And Cheapest) AI Plays
TSM is the cheapest generative AI play as one of the trifecta of AI godfathers along with NVDA and ASML, attributed to the FWD PEG non-GAAP ratio of 1.06x. With the foundry already reporting robust preliminary FQ3'24 sales results, we believe that it is well positioned to report a double beat and raise performance in October 17, 2024. With SSNLF already losing market share and INTC unable to produce viable 18A chips, it goes without saying that TSM is likely to remain the clear market leader moving forward.
Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to TSMC (TSM). This makes it worthwhile to examine what the stock has in store.
Taiwan Semiconductor's Pre-Q3 Earnings: ETFs in Focus
Taiwan Semiconductor TSM is set to report third-quarter 2024 results onOct. 17, 2024, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter's earnings is currently pegged at $1.74 per share on revenues of $22.72 billion.
Taiwan Semiconductor: Strong Growth From This Top AI Beneficiary
Taiwan Semiconductor Manufacturing Company reported exceptional sales growth, with a 39% year-over-year increase in September revenues, positioning it as a top AI beneficiary. Analysts expect TSMC to report Q3 earnings per share of $1.79, with stable margins despite potential additional costs from AI chip investments. TSMC's forward earnings multiple is attractive, trading at 28x for 2024 and substantially lower for 2025.
TSMC Drops Massive Bullish News for Nvidia and Other Semiconductor Stocks
Taiwan Semiconductor Manufacturing recently announced its monthly revenue numbers.
Wall Street Bulls Look Optimistic About TSMC (TSM): Should You Buy?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Should You Buy Taiwan Semiconductor Manufacturing Stock Before Oct. 17?
The supplier to the semiconductor industry is expecting sales growth to continue.
What TSM Needs to Rally NVDA, A.I. Market
TSMC (TSM) reports earnings next week. The Nvidia (NVDA) chip manufacturer showed promise with a 40% year-over-year revenue boost in September, but what else is needed to move the semiconductor space?
Taiwan Semiconductor: Buy Before Earnings (Rating Upgrade)
Taiwan Semiconductor has shown strong trend performances, with a 25.5% return, outpacing the S&P 500's 8.84% gain, and is nearing long-term highs. TSMC's Q2 earnings exceeded expectations, with 36.3% net income growth and 40.1% revenue growth, driven by demand for 5nm and 3nm products. Despite potential risks from elevated price-sales valuations, TSMC's forward PE ratio is attractive compared to peers, justifying a "strong buy" rating.
