Cantor Previews Taiwan Semi (TSM) into Earnings

Cantor Previews ASML Holdings (ASML) into Earnings

July 15, 2024 6:38 AM EDT

Cantor Previews ASML Holdings (NASDAQ: ASML) into Earnings

The analyst comments "We look for ASML to post a modest beat/raise next week, but all eyes will be on bookings. Last Q, mgmt. suggested 4B/Q needed to hit mid-point of CY25... 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

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

July 14, 2024 8:52 PM EDT

TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to soaring demand.

The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has pushed TSMC's stock - and the broader Taiwan market - to record highs. Last week, its American Depositary Receipts topped a trillion dollar market value.

TSMC is set to report a net profit of T$236.1 billion ($7.25 billion) for... More

Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (TSM) PT Raised to NT$1,270 at Nomura/Instinet

July 12, 2024 11:03 AM EDT

Nomura/Instinet analyst Aaron Jeng raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (NYSE: TSM) to NT$1,270.00 (from NT$975.00) while maintaining a Buy rating.... More

Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) PT Raised to $150 at Bernstein SocGen Group

July 12, 2024 5:50 AM EDT

Bernstein SocGen Group analyst Mark Li raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) to $150.00 (from $125.00) while maintaining a Outperform rating.... More

Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (TSM) PT Raised to NT$900 at Bernstein SocGen Group

July 12, 2024 5:50 AM EDT

Bernstein SocGen Group analyst Mark Li raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (NYSE: TSM) to NT$900.00 (from NT$750.00) while maintaining a Outperform rating.... More

Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) PT Raised to $250 at Susquehanna

July 11, 2024 7:22 AM EDT

Susquehanna analyst Mehdi Hosseini raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) to $250.00 (from $200.00) while maintaining a Positive rating.... More

AI frenzy takes Taiwan's TSMC to record peak, puts it in trillion dollar club

July 11, 2024 1:43 AM EDT

SINGAPORE (Reuters) - Taiwan's TSMC scaled a record high on Thursday after posting strong second-quarter revenue on booming demand for AI applications, cementing its position as Asia's most valuable company.

TSMC also topped a trillion dollar market value this week.

WHY IT'S IMPORTANT

The AI frenzy has sparked a rally in chipmaker stocks across the globe. Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, whose customers include AI poster child Nvidia, has especially benefited from the soaring demand for AI-capable chips.

Foreign... More