Bearish Options Positioning Continues in Taiwan Semi (TSM) Ahead of Several Upcoming Industry Earnings Reports -Susquehanna

Go back to Bearish Options Positioning Continues in Taiwan Semi (TSM) Ahead of Several Upcoming Industry Earnings Reports -Susquehanna

Taiwan Semiconductor (2330:TT) (TSM) May Be Near Bottom; PT Lowered to TWD254 - Nomura

January 17, 2019 1:34 PM EST

Nomura analyst Aaron Jeng lowered the price target on Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (NYSE: TSM) to TWD254.00 (from TWD260.00) while maintaining a Buy rating. The analyst said the guidance confirms their inventory concern, and the stock may bottom earlier than other semis.

Jeng commented,... More

CLSA Downgrades Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (TSM) to Underperform

January 17, 2019 9:21 AM EST

CLSA analyst Sebastian Hou downgraded Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (NYSE: TSM) from Outperform to Underperform.

For an analyst ratings summary and ratings history on Taiwan Semiconductor Manufacturing Co. Ltd. click here. For more... More

Taiwan Semi (TSM) Reports In-Line Q4 EPS, Q1 Revenue Guidance Misses Views

January 17, 2019 6:26 AM EST

Taiwan Semi (NYSE: TSM) reported Q4 EPS of $0.63, in-line with the analyst estimate of $0.63. Revenue for the quarter came in at $9.4 billion versus the consensus estimate of $9.36 billion.

GUIDANCE:

Taiwan Semi sees Q1 2019 revenue of $7.3-7.4 billion, versus the... More

TSMC offers gloomy revenue forecast, slams chipmaker shares

January 17, 2019 5:08 AM EST

By Yimou Lee and Jess Macy Yu

TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) cut full-year investment and forecast its sharpest quarterly revenue fall in a decade, joining a string of tech companies warning of a slowdown in global smartphone demand.

The downbeat forecast by TSMC, a proxy for global tech demand as its clients include Apple Inc, Qualcomm and Huawei Technologies [HWT.UL], bodes ill for its peers and suppliers such as Intel Corp, Nvidia and ASML which are set to report results in coming weeks.

Shares of European chipmakers tumbled on Thursday after... More