Company Overview - Noah's Arc Capital Management focuses on providing Wall Street-level insights to main street investors, with a research emphasis on 20th-century stocks undergoing 21st-century transformations [1] - The company also occasionally covers firms that assist in transforming 20th-century companies, seeking innovations in business models that could lead to significant stock changes [1] Analyst Background - Noah Cox, the managing partner of Noah's Arc Capital Management, is the main author of the article, though his views may not necessarily reflect those of the firm [3] - The analyst holds a beneficial long position in TSM and AMD through stock ownership, options, or other derivatives, and the article expresses his personal opinions [4]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Taiwan Semiconductor Manufacturing Co. Ltd. TSM is riding a wave of positive momentum as it gears up for its fourth quarter earnings release on Jan. 16.An Impressive 57.8% YoY Revenue IncreaseThe semiconductor giant reported December 2024 net revenue of NT$278.16 billion (approx. $8.44 billion), marking a 57.8% year-over-year increase and cementing a 33.9% annual revenue growth over 2023.Despite the tech sector’s recent turbulence, TSM stock has posted impressive gains: up 7.91% over the past month and 5.03 ...

Financial Performance - TSMC posted fourth-quarter revenue of NT$868.46 billion ($26.35 billion), beating the NT$854.82 billion consensus estimate [2] - The company's 2024 revenue surged 34% to NT$2.89 trillion compared to 2023 [2][4] Market Reaction - TSMC shares rose 1.25% in premarket trading following the earnings report [1] - The stock increased 1.5% in premarket trading after the announcement [4] Industry Context - TSMC benefits from the artificial intelligence (AI) boom, supplying tech giants like Apple and Nvidia [1][2] - Foxconn, another Taiwanese company, also reported record fourth-quarter revenue driven by strong demand for AI servers [3] Business Operations - TSMC is the world's largest contract chip manufacturer [1][4] - The company supplies major technology companies including Apple and Nvidia [2]

Core Insights - TSMC's net sales increased by 33.9% year-over-year, reaching NT$2.9 trillion ($87.8 billion), driven by high demand for AI technology [2][3] - The company's revenue growth surpassed its previous estimate of nearly 30%, indicating strong ongoing investment in AI infrastructure from major clients like Microsoft and Amazon [3] - TSMC is a key player in the AI revolution, producing advanced microchips essential for Silicon Valley products [3] Company Performance - TSMC's revenue growth reflects a significant increase in demand for chips used in various applications, including Apple's iPhones and Nvidia's AI hardware [2] - The company's shares have more than doubled since the AI boom began in late 2022, following the launch of OpenAI's ChatGPT [4] Geopolitical and Operational Challenges - TSMC faces geopolitical tensions between the U.S. and China, particularly regarding technology import restrictions and trade issues [4] - The semiconductor supply chain is vulnerable to disruptions, prompting governments to encourage TSMC to diversify production locations [5] - TSMC is expanding its manufacturing footprint internationally, with plans for new factories in the U.S. and an existing facility in Japan [5]

Company Performance - Taiwan Semiconductor Manufacturing Co (TSMC) reported fourth-quarter revenue of 868.5 billion New Taiwan dollars ($26.3 billion), a 38.8% year-on-year increase [1] - The revenue surpassed Refinitiv consensus estimates of 850.1 billion New Taiwan dollars [2] Industry Context - TSMC, the world's largest chip manufacturer, benefits from the ongoing AI boom [1] - The company manufactures semiconductors for major global companies, including Apple and Nvidia [2]

TSMC Growth Phase - TSMC is entering an unprecedented growth phase driven by accelerating artificial intelligence infrastructure demand [1] - The semiconductor industry is experiencing a fundamental shift in demand dynamics [1] - TSMC is positioned at the center of this industry transformation [1] Investment Strategy - The research-driven approach focuses on uncovering high-conviction stocks with compelling growth potential [1] - The strategy targets dynamic sectors including big tech, semiconductors, AI, and healthcare [1] - Both low-risk and selective high-risk plays are analyzed for potential outperformance [1] - Each investment idea is backed by thorough research and strategic foresight [1] Analyst Positions - The analyst holds beneficial long positions in NVDA, TSM, AMD, MSFT, GOOG, AVGO, META, and AMZN through stock ownership, options, or other derivatives [2]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) , the global leader in semiconductor foundry services and also known as TSMC, closed 2024 on a high note, delivering a robust 89.9% gain in a turbulent market. This surge has outpaced the broader market, with the S&P 500 and the Zacks Computer & Technology sector rising 30.5% and 24.4%, respectively.2024 Price Return PerformanceImage Source: Zacks Investment ResearchThis robust performance cements TSMC’s position as a global leader in semiconductor manuf ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Goldman Sachs analyst Bruce Lu maintained a Buy rating on Taiwan Semiconductor Manufacturing Co TSM with a price target of $254, up from $248.Taiwan Semiconductor will host its fourth-quarter analyst meeting on Jan. 16. Lu expected another year of solid revenue growth in 2025E by 26.8% for Taiwan Semiconductor, following 29.4% revenue growth in 2024E (all in USD terms), driven by strong demand in leading-edge nodes mainly supported by continuous strong momentum from AI.Also Read: AI Chip Stocks Nvidia, Broa ...