40.73 0.00 (0.00%)
After hours: 5:21PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||39.84 - 40.85|
|52-week range||35.34 - 46.57|
|PE ratio (TTM)||18.51|
|Forward dividend & yield||1.35 (3.61%)|
|1y target est||46.89|
Taiwan Semiconductor Manufacturing Co. climbed the most in almost two years as investors focused on its prediction that the outlook for high-priced devices would be strong in the second half. Nomura upgraded the company to a buy from neutral after its results, citing an improved 2019 picture as TSMC continues to move up the technology ladder. “After experiencing a weak smartphone market in 1H18, TSMC is now seeing recovering demand in this segment,” George Chang and Angela Huang, analysts with Yuanta Investment Consulting, wrote in a report.
Chip stock investors have reason to cheer a bit today, as one of the major datapoints for the industry came in better than feared. Taiwan Semiconductor Manufacturing (TSM), the largest contract chip manufacturer, which produces chips for Qualcomm (QCOM), Nvidia (NVDA), and many, many others, overnight reported Q2 results that suggest a less-bad market this fall for smartphone technology, which has been one of the most troubling aspects of the chip business this year. Today's positive response by chips is a big change from TSM's Q1 report, back in April, when it missed revenue expectations because of a breakdown of the smartphone market.
Taiwan Semiconductor (TSM) reported earnings of $0.47 per share on $7.85 billion in revenues Thursday morning. But the report told us about more than just TSM, so let's take a look at what else was inside.
Taiwan Semiconductor Manufacturing Co. trimmed its outlook for 2018 revenue and capital spending, reflecting lethargic mobile and digital currency mining demand as it gears up to supply the next batch of Apple Inc.’s iPhones. Chief Executive Officer C. C. Wei said sales will rise this year by a high single-digit percentage in U.S. dollar terms, down from an already reduced projection of 10 percent. Taiwan’s largest company, a bellwether for the chip industry as well as an early indicator of iPhone demand, heads into its busiest quarters still grappling with waning enthusiasm for the high-powered chips used to mine digital currencies.
Taiwan Semiconductor Manufacturing Co. forecast third-quarter sales below estimates as it gears up to make the processors for the next batch of Apple Inc. iPhones. Revenue will be $8.45 billion to $8.55 billion in the three months ending September compared with the $8.68 billion average of analyst estimates. On Thursday, Chief Executive Officer C. C. Wei said sales growth in 2018 would be a high single-digit percentage, down from an already reduced earlier projection of 10 percent.
Shares of Taiwan Semiconductor (TSM) added 0.9% during regular hours Wednesday, the last day of trading before it releases its latest quarterly earnings report. Investors displayed excitement ahead of the report, and this is certainly a stock to watch once the full results are in.
Taiwan Semiconductor Manufacturing Co, a key supplier of chips for Apple’s iPhones, will report double-digit growth in first-half revenues despite weaker smartphone demand. The world’s largest contract ...
AMD has shifted its strategic gaze from crypto mining to stealing market share in traditional server and gaming systems instead.
In 1986, Intel (INTC) adopted an integration model in which it invested in x86 chip designs and manufacturing nodes to attain technology leadership in the microprocessor market. Since then, no company has been able to compete with Intel in terms of manufacturing nodes.
The departure of Intel’s (INTC) CEO, Brian Krzanich, for violating the company’s fraternization policy sent shock waves through the industry. After the announcement, analysts looked for other possible causes for such a move. Tech analyst Ben Thompson, in his June 25 Stratechery article, analyzed the possible correlation between the delay in Intel’s 10nm (nanometer) node and Krzanich’s departure. Thompson noted that under Krzanich’s leadership, Intel launched the 14nm node in 2014.
A brokerage firm on Monday turned positive on Taiwan Semiconductor Manufacturing Co., calling the chipmaker an investment play on artificial intelligence.
American depositary receipts of contract electronics manufacturer Taiwan Semiconductor Manufacturing (TSM) are down 29 cents, or 0.8%, to $36.27, despite an upbeat note today Susquehanna Financial Group’s Mehdi Hosseini, who raises his rating on the stock to “Positive” from Neutral, after concluding the company should benefit in a big way from a wave of “custom” silicon being developed for artificial intelligence. TSM competes with Samsung Electronics (005930KS) for business from all those companies.
NEW YORK, June 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Teekay ...
Stifel’s analyst Kevin Cassidy raised his price target for Advanced Micro Devices (AMD) from $14 to $17 due to strong demand in the PC, graphics, and server markets. He even raised this year’s non-GAAP (generally accepted accounting principles) EPS estimate for AMD from $0.47 to $0.50, up 194% YoY (year-over-year) and higher than the consensus estimate of $0.46. Cassidy also raised his 2018 revenue estimate for AMD from $6.65 billion to $6.73 billion, up 26% YoY and higher than the consensus estimate of $6.7 billion.
What Can Investors Expect from Broadcom in Fiscal Q2? Broadcom (AVGO) stock has seen more downs than ups recently, resulting in its price being down 10% since the start of this year. What went against Broadcom was its revised revenue guidance for fiscal Q2 and Q3, as well as weaker second-quarter earnings guidance from fellow semiconductor companies TSMC (TSM) and Qualcomm (QCOM).