Previous close | 98.05 |
Open | 97.61 |
Bid | 0.00 x 1300 |
Ask | 0.00 x 900 |
Day's range | 97.42 - 100.60 |
52-week range | 59.43 - 105.24 |
Volume | |
Avg. volume | 11,609,049 |
Market cap | 517.707B |
Beta (5Y monthly) | 1.24 |
PE ratio (TTM) | 15.87 |
EPS (TTM) | 6.29 |
Earnings date | N/A |
Forward dividend & yield | 1.79 (1.81%) |
Ex-dividend date | 15 Jun 2023 |
1y target est | 108.61 |
Unity shares rocketed higher after Apple announced its software is going to be used in its new mixed reality headset. However, chipmaker Taiwan Semiconductor's shares were flat. Yahoo Finance Live breaks down how the shares of Apple suppliers reacted to the WWDC announcements.
You could spend hours digging into each company's product line and determining its potential uses, or just pick the popular stocks that are consensus winners. On the hardware side, data centers filled with thousands of GPUs (graphics processing units) and other computing devices are needed to help process calculations and train AI models. On the software side, data sets are used to train AI models, which can then be integrated into software and sold as an AI product from which the end user benefits.
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. tempered its outlook for 2023 capital spending, as the main chipmaker to Apple Inc. grapples with soft demand for smartphone and computing chips.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepeni
(Bloomberg) -- The Japanese government revamped its chip strategy with a goal of tripling sales of domestically produced semiconductors to more than 15 trillion yen ($108 billion) by 2030, as the nation centers chips at the heart of its economic security policy.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Bus
TSMC (TSM) closed at $98.05 in the latest trading session, marking a -0.9% move from the prior day.
These three names got a boost on Nvidia's strong guidance, as each plays a role in manufacturing leading-edge GPUs.
Dividends and tech stocks don't often go together. Many tech companies are so focused on growth, that there isn't much cash left over at the end of the day to fund a dividend. In fact, if you're looking for a balance between growth and income, dividend-paying tech stocks are a great place to start.
Demand for NVIDIA's (NASDAQ: NVDA) AI chips is proving insatiable. The launch of ChatGPT from OpenAI late last year opened the AI floodgates by demonstrating the power and potential of generative AI. NVIDIA's GPUs are well suited for the task, and they've become the de facto standard for AI workloads.
Nvidia (NASDAQ: NVDA) has been the early winner; its dominance in high-powered GPUs and data center chips fueled the stock's 175% rise since January. Instead, consider Taiwan Semiconductor (NYSE: TSM), the world's leading chip manufacturer. There are a handful of companies that design and sell semiconductor chips, but many of these companies don't make them.
Today, only five companies have market capitalizations above the $1 trillion market -- Apple, Microsoft, Saudi Aramco, Alphabet, and Amazon. If you're looking for worthwhile investment opportunities in mega-cap companies with promising AI opportunities, read on to see why Taiwan Semiconductor Manufacturing (NYSE: TSM) and Meta Platforms (NASDAQ: META) both have strong odds of crossing the $1 trillion-valuation threshold by 2030. Keith Noonan: Taiwan Semiconductor Manufacturing, also known as "TSMC," is a pure-play chip fabrication business.
Shares of semiconductor giants Advanced Micro Devices (NASDAQ: AMD), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Dell Technologies (NYSE: DELL) were all falling on Wednesday, down 5.2%, 3.7%, and 5.3%, respectively, as of 3:42 p.m. ET. None of these three companies had any company-specific news today, but one -- or actually, two -- of their main rivals reported earnings last night, casting a pall over any chip stock leveraged to the PC or server markets. Yesterday, both HP Inc. (NYSE: HPQ) and Hewlett Packard Enterprise (NYSE: HPE) reported earnings that disappointed.
Taiwan Semiconductor Manufacturing (NYSE: TSM) has reportedly seen an increase in utilization rate for some of its manufacturing lines, thanks to the demand for Nvidia's (NASDAQ: NVDA) artificial intelligence (AI) chips.
The semiconductor industry's long-term outlook is extremely promising, and top players in the space will likely deliver incredible returns for shareholders. Just take a look at the stock performance for Nvidia, one of the world's leading high-performance chip companies. Thanks to artificial-intelligence (AI) applications powering big growth for the company's data-center business, Nvidia's market cap is now in the range of $1 trillion.
Two that I think fall under this umbrella are Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Taiwan Semiconductor Manufacturing Co. (NYSE: TSM). Many people know Alphabet through its Google, YouTube, and Android products, but it also is massively investing in AI. An investment in Alphabet covers many corners of the AI industry, as it has a cloud computing division that can help customers train AI, an AI toolkit that developers can use to deploy AI to their products, and Google DeepMind, a segment that is solely focused on researching and engineering new AI capabilities.
TSMC (TSM) closed at $101.98 in the latest trading session, marking a -1.19% move from the prior day.
Nvidia (NASDAQ: NVDA) and ASML (NASDAQ: ASML) are two of the world's most important semiconductor companies. Nvidia is the world's largest producer of discrete graphics processing units (GPUs) for video games, graphical applications, and artificial intelligence (AI) tasks. ASML is the top producer of lithography systems used to etch circuit patterns onto silicon wafers and the only supplier of top-tier extreme ultraviolet (EUV) lithography systems required to produce the world's smallest and densest chips.
Taiwan Semiconductor (NYSE: TSM) is the world's largest contract chip manufacturer. Because of that, owning TSMC for the long term is the only way to go. With its 3nm processes just coming up to speed, there's a significant business chunk that hasn't been realized as revenue, giving Taiwan Semiconductor a substantial upside.
Rapidus is emerging as Japan's bold response to advanced global semiconductor manufacturing. Harnessing IBM's 2nm technology, Rapidus is set to revolutionize the industry, focusing on AI and super-computing, but is it a Taiwan Semiconductor Manufacturing (NYSE: TSM) competitor? Check out the short video to learn what semiconductor investors Jose Najarro and Billy Duberstein had to say.
This may feel like irrational exuberance, but Texas Instruments, Taiwan Semiconductor, and Qualcomm each have roles to play in AI.
According to the average brokerage recommendation (ABR), one should invest in TSMC (TSM). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
The semiconductor leader is one of the world's most important companies. But does that mean its stock is a buy?
Synovus Trust Senior Portfolio Manager Daniel Morgan joins Yahoo Finance Live to discuss Nvdia's latest earnings report and breaks down how the AI-driven boom is driving the company's future prospects.
Through 10:05 a.m. ET, shares of Microsoft (NASDAQ: MSFT) are up a respectable 2.2%, while semiconductor manufacturing equipment maker ASML (NASDAQ: ASML) is gaining 4.6%, and Taiwan Semiconductor Manufacturing (NYSE: TSM) is leading the pack higher with a 10.1% gain. The precise reasons why these stocks are rising may differ -- but artificial intelligence (AI) lies at the root of each rally. Let's begin with Microsoft.
Yahoo Finance markets contributor Remy Blaire discusses stocks opening on a mixed note and semiconductor stocks movement amid Nvidia earnings.
The stock market appeared likely to open mixed on Thursday, and a large factor for markets was Nvidia (NASDAQ: NVDA). The chipmaker released quarterly results late Wednesday that caused its stock to soar, and shares were up 28% in premarket trading. Record demand for products that will enable businesses to put new artificial intelligence (AI) capabilities to work was a key factor in Nvidia's report.