Fears of U.S. restrictions on the sector's trade with China seem to be fading.What a difference a week can make on the stock market.This truism seemed to be very much in force for microchip stocks on Monday. After last week's sell-off, many got off to a roaring start with the new trading week. Asian powerhouse Taiwan Semiconductor Manufacturing (TSM 2.16%) rose by over 2% on the day, as did its busy U.S. peer Broadcom (AVGO 2.36%). Lapping them both was chipmaking equipment specialist Lam Research (LRCX 6.5 ...

Taiwan Semiconductor Manufacturing (TSM) reported robust second-quarter 2024 results, wherein it beat estimates for both the top and the bottom lines on surging demand for advanced chips used in AI applications. This Taiwan-based chipmaker lifted revenue growth projects for the full year, reflecting its confidence in the longevity of the global AI spending boom.Investors seeking to tap TSM growth could consider ETFs having the largest allocation to the world’s largest contract semiconductor manufacturer. Th ...

BING-JHEN HONG TSMC's Leadership Is Undisputed Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world's foremost foundry for advanced semiconductor manufacturing. As a result, the Taiwan-based foundry dominates manufacturing for the leading process nodes with a market share of more than 90%. It directly competes against Intel (INTC) and Samsung (OTCPK:SSNLF), although TSMC's foundry leadership is undisputed. I last updated TSMC investors in April 2024. I downgraded the stock to a Ho ...

hapabapa On the 18th of July, Taiwan Semiconductor Manufacturing Company (NYSE:TSM) (OTC:TSMWF), the principal foundry for both NVIDIA (NVDA) and AMD (AMD) chips, announced its Q2 results. At 673.51 billion New Taiwan dollars (NT$) in revenue versus expectations of NT$657.58 billion and a net income of NT$247.85 billion versus an expectation of NT$238.8 billion, it could be argued there is cause for cheer. However, an increasing number of investors have concerns for the sector as a whole. Trend Drilldow ...

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. ...

solarseven Chip companies have seen massive selling pressure in the last several days with names like Nvidia (NVDA), AMD (AMD), Broadcom (AVGO) and Taiwan Semiconductor Manufacturing (NYSE:TSM). However, TSMC reported strong financial results for its last quarter on Thursday which were overshadowed by the ensuing sell-off in the chip sector. TSMC benefited from ramping AI demand, with its revenues soaring 32.8% Y/Y and the company reporting gross margins that came in ahead of guidance. Given the recent ...

Loading...Loading...Needham analyst Charles Shi reiterated a Buy rating on Taiwan Semiconductor Manufacturing Co TSM with a price target of $210.Shi said Taiwan Semiconductor reported fiscal 2024 second-quarter results, with revenue of $20.82 billion and earnings per ADS of $1.48, beating consensus estimates on both the top and bottom lines.Taiwan Semiconductor’s performance can be attributed to strong demand for both the 3nm and 5nm nodes, which contributed 15% and 35% of total wafer revenue for the quarte ...

TSMC (TSM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing e ...

Taiwan Semiconductor Manufacturing NYSE: TSM, known by the acronym TSMC, is the world’s second-largest company in the semiconductor industry. Let’s examine TSMC's operations and review the company’s earnings release. We will conclude by examining the market reaction and what to watch for going forward.Get Samsung Electronics alerts:TSMC: Dominating the Advanced Logic Chip MarketTaiwan Semiconductor Manufacturing TodayTSMTaiwan Semiconductor Manufacturing$171.87 +0.67 (+0.39%) 52-Week Range$84.01▼$193.47Divi ...

Is the recent sell-off in the stock overdone?Shares of Taiwan Semiconductor Manufacturing (TSM 0.39%), or TSMC for short, didn't accelerate higher Thursday despite the semiconductor contract manufacturer reporting strong second-quarter results and lifting its guidance. Reports of tougher export restrictions on semiconductors coming from the U.S. government and comments from presidential candidate Donald Trump weighed on the stock.Let's take a closer look at TSMC's most recent results and whether now is a go ...