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. Stock Market Outlook: Continuing to soar! Chinese concept stocks are all high before the market opening, Alibaba surges more than 5%, "Weixiaoli" collectively rises more than 7%; Several high officials of the Federal Reserve collectively adopt a dovi
Large-cap technology stocks mostly rose before the market opened, with Tesla continuing to rise by 1.5%, Microsoft and Amazon slightly down; Taiwan Semiconductor rose nearly 2% before the market opened, Daiwa Securities raised the target price for TSMC and reiterated a 'shareholding' rating; Li Auto Inc. rose over 8% before the market opened, selling a whopping 0.012 million units last week, with weekly sales surpassing Mercedes-Benz and Audi.
Qualcomm takes over Intel? JPMorgan: A new overlord emerges, bearish for Taiwan Semiconductor, disastrous for Samsung.
JPMorgan believes that acquiring Intel will make Qualcomm a new overlord in the fields of client computing, automotive computing chips, and datacenter CPUs, but it will also impact the Asian technology supply chain, be bearish for Taiwan Semiconductor, and pose significant risks to Samsung.
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.
Express News | Morgan Stanley has raised taiwan semiconductor's target price by 5%.
Futu Morning Post | Federal Reserve officials speak intensively! Opening the door to another significant interest rate cut; Wall Street strategists: Fed rate cuts increase the possibility of a stock market 'melt-up'.
USA's September business activities stabilized, with rising price pressure; spot gold refreshed historical highs above $2630 on Monday; Tesla surged nearly 5% intraday, hitting a two-month high! Barclays: China market may drive deliveries beyond expectations.
US stocks closed | The three major indexes rose together, with the Dow and S&P hitting new highs again, Tesla surged nearly 5%, Intel rose over 3%; Miniso fell more than 16%.
US manufacturing PMI hits 15-month low, but service prices increase, with several Federal Reserve officials sending mixed signals but all confirming further rate cuts. US stocks rose across the board except for small caps, with Chinese concept stocks index briefly up 2.5% and nvidia closing higher after a 1% drop, while intel and li auto inc rose by about 3%. Poor economic situation in Europe boosts expectations of rate cut by the ECB, as the yield curve of German bonds no longer inverted. Offshore yuan plunges by 230 points to briefly breach 7.06 yuan, oil prices drop by 2% before trimming losses by half.
US stocks closed higher: all three major indexes rose collectively, with the S&P and Dow hitting new highs, and tesla surged by about 5%.
①S&P 500 index, Nasdaq hit new highs again; ②Large technology stocks mostly rose, with Tesla up about 5%; ③Intel rose over 3%, news said Qualcomm is interested in acquiring Intel, Apollo Global Management is in talks to invest in it.
TSMC (TSM) Laps the Stock Market: Here's Why
Taiwan Semiconductor Has Potential Opportunities and Risks Amid Qualcomm-Intel Scenario
TSMC and Samsung Mull $100 Billion Chip Megafactories in U.A.E., Report Says -- Barrons.com
The Fed's preferred economic data is coming in shock, and technology stocks face a reset. This week's economic data forecast (economic data forecast attached in the article)
The long-awaited rate cut by the Federal Reserve has finally arrived. The market has responded positively to the end of the Fed's tightening policy. However, this joy was short-lived. Last Friday's trade triggered new concerns about corporate profits and economic growth.
Chip winter warning? Goldman Sachs is bearish, but dismissed by analysts: Unlikely possibility of oversupply!
Daiwa believes that the AI bubble is about to burst, and expresses concerns about the prospects of south korean memory chip manufacturers SK Hynix and Samsung Electronics.
TSMC, Samsung Reportedly Consider Building Huge Chip Factories in UAE
Express News | Taiwan Semiconductor said there are currently no new international expansion projects.
Worth more than 100 billion US dollars! Samsung and taiwan semiconductor are reportedly considering building a chip factory in the UAE.
① Taiwan Semiconductor and Samsung Electronics are reportedly in discussion about building chip projects in the United Arab Emirates in the next few years, with a project value of potentially over $100 billion. ② According to the preliminary terms being discussed, these projects will be funded by the United Arab Emirates. ③ The United Arab Emirates is also striving to become a regional center and testbed for artificial intelligence. More broadly, Gulf countries have been working towards a technological transformation in recent years.