No Data
Taiwan Semiconductor's Q2 sales increased by 40% year-on-year, and the lower limit of the annual capital expenditure guidance has been raised.
Expected full-year capital expenditures of $30-32 billion, with upwardly revised sales growth expectations of above the mid-point range at 20% in terms of US dollars.
TSMC's Growth Outlook Could Further Improve From 2025 -- Market Talk
0314 GMT - TSMC's growth outlook could be even stronger from 2025 onward, thanks to strong demand for advanced nodes, Citi analysts Laura Chen and Jack Chen say in a research note. The contract chip
Looking at the capital competition of AI from ASML Holding and Taiwan Semiconductor.
AI has not yet fully benefited humanity, but it has already caused a storm in the capital markets with just a little bit of sweetness.
Chip stock bearish turmoil! Under market fluctuations, what are the good deployment strategies?
Previously, US technology stocks were continuously hot with rising valuations, and therefore the upward trend became increasingly "fragile," with a greater reaction to bearish news.
Hong Kong shares fluctuate: semiconductor stocks rise against the market, and Taiwan Semiconductor's Q2 performance exceeds expectations. The AI trend leads the industry to start a new economic cycle.
Semiconductor stocks rose against the market. As of press time, Hua Hong Semi (01347) rose 3.79% to HKD 23.25; Shanghai Fudan (01385) rose 1.96% to HKD 12.48; Semiconductor Manufacturing International Corporation (00981) rose 1.62% to HKD 17.58.
Dahua Securities raised the target price of Taiwan Semiconductor to 1,220 New Taiwan dollars. Gross margin and AI demand are optimistic.
Morgan Stanley stated that Taiwan Semiconductor's (TSM.US) Q2 gross margin was 53.2%, higher than the bank's expected 52.7%, and the median gross margin guidance for Q3 was 54.5%, higher than the bank and market expectations of 52% and 52.5%, making it the biggest surprise. The company stated that the improvement in gross margin was due to an increase in revenue, productivity, and cost improvement. The report also stated that the overseas factories disclosed by the company would dilute overall gross margin by 2-3 percentage points, and the management is confident in maintaining a gross margin of 53% or above next year. The company also believes that demand for cloud AI is still outweighing supply, and it is uncertain in the supply for next year and 2026.