Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is scheduled to report third-quarter 2024 results on Oct. 17.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Taiwan Semiconductor is likely to record yet another strong financial performance this time around, driven by rising investments in artificial intelligence (AI). With its advanced product portfolio, the company is likely to have capitalized on the demand for high-performance computing and smartphone applications.Click here ...

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is scheduled to report third-quarter 2024 results on Oct. 17.The Zacks Consensus Estimate for third-quarter earnings is pegged at $1.74 per share, which implies growth of 34.9% from the year-ago quarter’s reported number. The estimate has been revised upward by a couple of cents over the past 60 days.Image Source: Zacks Investment ResearchTaiwan Semiconductor expects revenues to be between $22.4 billion and $23.2 billion, and the Zacks Consensus Estimate ...

Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) has become a new poster boy on the global artificial intelligence (AI) frenzy. The company is the largest manufacturer of AI-based chipsets for the world’s best AI chipset developers.TSM provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.Solid Q3 Outlook of TSM StockOn Oct 9, Taiwan Semiconduct ...

Chip manufacturing capabilities are obviously remaining very much in high demand, and this is the conclusion we can draw from the early release of net sales figures for the third quarter of Taiwan Semiconductor Manufacturing Company Limited (A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the ind ...

JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

Though commonly overlooked by companies like Nvidia (NASDAQ: NVDA ) and Advanced Micro Devices (NASDAQ: AMD), the Taiwan Semicondustor Manufacturing Company (NYSE: TSM) is arguably the most important semiconductor company in the world. ® Specifically, Taiwanese foundries manufacture nearly 70% of the world's chips, and TSMC alone holds more than half of the global market. Additionally, Nvidia and AMD use the company as their supplier. As a result, TSM stock has been one of the major winners of the 2024 stoc ...

This AI stock has delivered impressive gains in 2024, and it could pop higher following its upcoming quarterly report.Artificial intelligence (AI) has played a central role in lifting semiconductor stocks over the past couple of years, which is evident from the tremendous 131% spike in the PHLX Semiconductor Sector index during this period. The good part is that the proliferation of this technology is set to drive stronger growth in this market, as AI adoption moves from data centers to edge devices such as ...

Earnings and Revenue Estimates - The Zacks Consensus Estimate for Q3 2024 earnings is $1.74 per share on revenues of $22.72 billion [1] - September sales were NT$251.87 billion ($7.82 billion), up nearly 40% YoY, contributing to Q3 2024 revenue of NT$759.69 billion ($23.58 billion), exceeding both analyst expectations and the company's own outlook [2] - Sales estimates for Q3 2024, Q4 2024, FY 2024, and FY 2025 are $22.72B, $24.21B, $85.62B, and $105.73B respectively, with YoY growth estimates of 31.48%, 23.36%, 23.55%, and 23.49% [5] - Earnings estimates for Q3 2024, Q4 2024, FY 2024, and FY 2025 are $1.74, $1.87, $6.45, and $8.28 respectively, with YoY growth estimates of 34.88%, 29.86%, 24.52%, and 28.40% [6] Stock Performance and Valuation - TSMC stock has gained roughly 75% this year, trading near record levels [1] - The stock has a trailing P/E ratio of 33.28X, Price/Book ratio of 8.17X, and Price/Cash Flow ratio of 21.80X, slightly higher than industry averages [7][8] - The average price target from analysts is $204.71, representing a 10.2% increase from the last closing price of $185.78 [9] Growth Drivers and Industry Position - AI-related chip demand is a major growth driver, with AI-related chips expected to grow at a 50% CAGR through 2028, potentially making up the low teens of overall revenue [4] - TSMC's aggressive R&D investments, including its 2nm chip design, support its dominant position in the semiconductor industry [4] - The company operates in a top-ranked Zacks industry (top 1%) and sector (top 13%) [3] ETFs and Investment Options - TSMC-heavy ETFs include SP Funds S&P World (ex-US) ETF (15.75% weight), SP Funds S&P Global Technology ETF (15.50% weight), Matthews Emerging Markets ex China Active ETF (14.41% weight), and VanEck Semiconductor ETF (12.65% weight) [10]

Group 1 - The Cash Flow Kingdom Income Portfolio aims to achieve an overall yield in the range of 7% to 10% by combining various income streams for a steady payout [1] - Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) has reported excellent sales results and will announce its earnings results next week, indicating strong performance [1] - The Cash Flow Club focuses on company cash flows and access to capital, providing features such as a personal income portfolio targeting over 6% yield and coverage of various sectors [1] Group 2 - Jonathan Weber, an analyst with an engineering background, has been active in the stock market and focuses primarily on value and income stocks, occasionally covering growth stocks [2] - The article expresses the author's personal opinions and indicates a beneficial long position in TSM shares, highlighting the author's engagement in the stock [2]

Taiwan Semiconductor Manufacturing recently announced its monthly revenue numbers.In today's video, I discuss why Taiwan Semiconductor Manufacturing's (TSM -0.56%) recent announcement is bullish for the vast semiconductor market. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the market prices of Oct. 9, 2024. The video was published on Oct. 10, 2024. ...