taiwan semiconductor to build a factory in the United Arab Emirates? The company responded: There are currently no specific plans for new overseas investments.
According to The Wall Street Journal's report on the 22nd, taiwan semiconductor and another chip giant Samsung Electronics have discussed plans to build a large chip factory in the United Arab Emirates, with costs possibly exceeding $100 billion. taiwan semiconductor responded on the 23rd, stating that the company currently does not have any specific plans for new overseas investments.
U.S. stocks are active | taiwan semiconductor rose more than 1.3% before the market, and Morgan Stanley raised the target price of taiwan stocks and reiterated a "shareholding" rating.
Great Wall News on September 24th | Taiwan Semiconductor (TSM.US) rose more than 1.3% in pre-market trading to $177.1. In terms of news, Morgan Stanley released a research report indicating that Taiwan Semiconductor is rapidly expanding its 2-nanometer and 3-nanometer chip and CoWos advanced packaging capacity, with CoWos monthly capacity expected to reach 0.08 million units next year. Morgan Stanley pointed out that the management had mentioned at a brokerage conference that the company may be able to maintain a directionally revenue compound annual growth rate between 15% and 20% over the next 5 years. They believe that this commitment to long-term growth, along with gross margin expansion, makes the company valuation far more attractive than other Asian semiconductor companies. The firm raised the group's outlook.
Bank of America: If Qualcomm acquires Intel, Taiwan Semiconductor (TSM.US) will face both opportunities and challenges.
With the continuous development of Qualcomm (QCOM.US) and Intel (INTC.US), taiwan semiconductor (TSMC.US) also faces potential opportunities and risks.
Goldman Sachs: Amid declining interest rates, hedge funds are rushing to buy US technology stocks.
In response to the expected 50 basis point rate cut by the Federal Reserve, hedge funds bought US technology and media stocks last week at the fastest pace in four months.
Daiwa: Raises target price of Taiwan Semiconductor to 1280 New Taiwan Dollars, reaffirms 'shareholding' rating as top choice in the industry.
Grainville September 24th | Morgan Stanley research report pointed out that Taiwan Semiconductor is seen to expand its production capacity in 2 nanometer and 3 nanometer chips and CoWos advanced packaging rapidly to meet the very strong demand for ai semiconductors, and expects Taiwan Semiconductor's capital expenditure forecast for next year to be raised from $35 billion to $38 billion. It is expected that next year's CoWos monthly capacity will increase to 0.08 million units. Morgan Stanley pointed out that although the company has no formal guidance, management mentioned at a recent brokerage conference that the company may directionally maintain a compound annual growth rate of revenue between 15% and 20% over the next 5 years, believing that this promised long-term growth coupled with gross margin expansion.
Goldman Sachs raised TSMC's target price to 1,280 New Taiwan dollars due to higher capital expenditure and continued growth.
Goldman Sachs raised TSMC's target price to 1,280 New Taiwan dollars due to higher capital expenditure and continued growth.