TSMC second-quarter profit seen jumping 30% on surging AI chip demand

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Go back to TSMC second-quarter profit seen jumping 30% on surging AI chip demand

Cantor Previews Taiwan Semi (TSM) into Earnings

July 15, 2024 6:38 AM EDT

Cantor Previews Taiwan Semi (NYSE: TSM) into Earnings

The analyst comments "With 2Q revenues above the high end of the guidance, we fully expect a raise to TSMC's full-year revenue outlook to the high 20's percentage range. With the raise to revenue, we... More

Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) PT Raised to $210 at Needham

July 15, 2024 5:26 AM EDT

Needham analyst Charles Shi raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) to $210.00 (from $168.00) while maintaining a Buy rating.

The analyst comments "We expect TSMC to raise its 2024 revenue growth outlook from "low- to mid-20s" to "mid-... More