Taiwan Semiconductor Manufacturing Company Limited aka TSMC (NYSE: TSM ) reported earnings last week to great fanfare, as the stock added a 5+% rally on top of a share price that has already more than doubled over the To follow me click the "Follow" button! (Easy right?) Hi there, thanks for coming to my profile page! My name is Kumquat Research (but you can call me Jeremy) and I've been writing for Seeking Alpha on and off for going on ten years now, beginning with my inaugural published piece during my fi ...

Taiwan Semiconductor Manufacturing Company (TSM) , the world's largest semiconductor foundry and also known as TSMC, last week delivered another stellar earnings report for the third quarter of 2024. Beating expectations yet again, TSMC continues to solidify its leadership in the advanced chip industry, cementing its position as a long-term winner.With solid growth across key financial metrics and increasing demand for its cutting-edge technology, the question remains: Should you buy TSM stock?The answer le ...

[Table_StockNameRptType] 台积电（TSM） 公司点评 | --- | --- | --- | |-----------------------------------------------------------------------------------|------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

$1 trillion may be just a milestone in this company's continued growth amid the AI boom.Nvidia (NVDA 0.78%) flew into the $1 trillion club in May 2023 as it capitalized on growing spending on artificial intelligence. The chipmaker has gone on to increase more than three-fold in value since, becoming the second most valuable company in the world, behind only Apple.The rest of the $1 trillion club is full of some of Nvidia's biggest customers, the "hyperscalers" building out massive data centers for training ...

海 外 研 究 | --- | --- | |-------------------------------------------------|------------| | | | | ＃市场 ma 数 rk 据 etData ＃ | | | 日期 | 2024/10/18 | | 收盘价（美元） | 200.78 | | 总股本（百万股） | 5,187 | | 流通股本（百万股） | 5,187 | | 净资产（百万元新台币） | 4,021,922 | | 总资产（百万元新台币） | 6,165,658 | | 每股净资产（元新台币） | | | 数据来源： iFind ，兴业证券经济与金融研究院整理 | 775.43 | 公 司 点 评 报 告 投资要点 ＃summary＃ Q3 业绩超预期，2024 年收入指引上修。公司 24Q3 营收 7597 亿元新台币 （YoY+39.0%，QoQ+12.8%），一致预期 7506 亿元新台币，归母净利润 3253 亿元新台币（YoY+54.2%，QoQ+31.2%），一致预期 2984 亿元新台币，业 绩、盈利超预期得益于晶圆出货量、平均价格齐升，其中， ...

Core Viewpoint - Taiwan Semiconductor Manufacturing Company (TSMC) is experiencing a recovery attempt after significant losses of nearly -10% prior to the earnings report [1] Group 1 - The stock was previously attempting to recover from significant declining losses [1]

I'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting. I'm a senior analyst at a multi-strategy hedge fund. In my opinion, HODL can't generate significant alpha or maintain a high Sharpe ratio over the long run. Seeking Alpha requires active management and minimizing opportunity costs. Investors should understand seeking a high positive ...

Group 1: Nvidia's Market Position and Performance - Nvidia holds a dominant position in the data center GPU market with an estimated 98% market share in 2023, crucial for AI applications [1] - The company has experienced significant growth, adding approximately $3 trillion in market capitalization since the launch of ChatGPT, with stock prices increasing nearly 1,000% [1] - Demand for Nvidia's chips continues to exceed supply, with the new Blackwell platform sold out for the next 12 months, indicating "insane" demand according to CEO Jensen Huang [1] Group 2: Risks Facing Nvidia - Nvidia faces competition from Advanced Micro Devices (AMD), which has launched the MI325X accelerator to challenge Nvidia's offerings [2] - Major customers like Amazon, Microsoft, and Meta Platforms are developing their own chips, potentially reducing their reliance on Nvidia [2] - Investor skepticism exists regarding the sustainability of the AI boom, with concerns about profitability and the cyclical nature of Nvidia's business [2] Group 3: TSMC's Market Position and Performance - Taiwan Semiconductor Manufacturing Corporation (TSMC) is the largest semiconductor manufacturer globally, handling over 50% of contract chip manufacturing and holding around 90% market share in advanced chips [4] - TSMC reported a 39% increase in revenue to $23.5 billion, with net income rising 54% to $10.1 billion, showcasing strong demand for its 3nm and 5nm technologies [5] - The company provided fourth-quarter revenue guidance of $26.1 billion to $26.9 billion, reflecting a 35% year-over-year increase at the midpoint [5] Group 4: Competitive Advantages of TSMC - TSMC benefits from a significant competitive advantage due to its dominant market share and expertise in advanced chip manufacturing [4] - The company is positioned favorably as rivals like Intel and Samsung are facing challenges, with Intel restructuring and Samsung reporting weak results [6] - TSMC's stock is considered affordable with a P/E ratio of 36, despite its faster growth compared to other tech giants [6] Group 5: Investment Considerations - While Nvidia remains a strong company, TSMC presents a lower-risk investment opportunity with a cheaper valuation and entrenched competitive advantages [7] - TSMC is recommended as a solid choice for investors looking to enter the AI stock market [7]

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. This quarterly check-in allows investors to gauge how these and other firms have performed over the last several months. As always, investors have watched to see whether there are any surprises, including top- or bottom-line perf ...

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. 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. ...