|Bid||132.00 x 800|
|Ask||132.48 x 1000|
|Day's range||131.37 - 136.41|
|52-week range||96.07 - 167.06|
|Beta (5Y monthly)||1.38|
|PE ratio (TTM)||20.78|
|Earnings date||16 Feb 2022|
|Forward dividend & yield||0.96 (0.71%)|
|Ex-dividend date||22 Feb 2022|
|1y target est||173.22|
(Bloomberg) -- Taiwan will push investment from foreign chip gear suppliers while offering incentives to attract overseas talent, part of a campaign to shore up its lead in making the semiconductors vital to future technologies.Most Read from BloombergStock Rebound Fails and Futures Plunge on Earnings: Markets WrapStocks Storm Back From 4% Rout to Close Higher: Markets WrapNvidia Quietly Prepares to Abandon $40 Billion Arm BidThis Red-Hot Housing Market Is Betting Interest Rates Will Never RiseB
Taiwan Semiconductor Manufacturing (NYSE: TSM), popularly known as TSMC, released fourth-quarter results on Jan. 13 and shares of the chip giant surged following the report as it became evident that the demand for chips is going to stay strong in 2022 and beyond. One of the highlights of TSMC's report was the big bump in the company's capital spending budget for 2022. The company has outlined a capital expenditure budget of $40 billion to $44 billion for this year, which points toward a roughly 40% increase over 2021 capex of $30 billion.
Today's Research Daily features new research reports on 16 major stocks, including JPMorgan Chase & Co. (JPM), NIKE, Inc. (NKE), and Union Pacific Corporation (UNP).