Taiwan Semiconductor Weathers Temporary Dip, Continues Ascent Amid AI Chip Demand
Failed to add items
Sorry, we are unable to add the item because your shopping cart is already at capacity.
Add to Cart failed.
Please try again later
Add to Wish List failed.
Please try again later
Remove from wishlist failed.
Please try again later
Adding to library failed
Please try again
Follow podcast failed
Please try again
Unfollow podcast failed
Please try again
Taiwan Semiconductor Weathers Temporary Dip, Continues Ascent Amid AI Chip Demand
-
Narrated by:
-
By:
About this listen
Discover the latest financial performance of semiconductor giant TSMC as its stock trades near $230, approaching its 52-week high. While June revenue showed a 17% month-over-month decline, the company's year-over-year growth remains impressive at 27%, with first-half 2023 revenue surging 40% to NT$1.773 trillion.
In this episode, we analyze why analysts maintain a "strong buy" consensus with price targets around $255, suggesting 11% upside potential. Learn how TSMC's critical relationships with tech leaders like Nvidia and Apple are driving unprecedented demand for AI and advanced logic chips, with AI accelerator revenue expected to double by year-end.
With a market cap approaching $1 trillion, TSMC ranks among the world's ten most valuable companies. We'll explore what investors should watch for in the upcoming earnings report, including expansion plans and updated guidance that could impact this semiconductor powerhouse's trajectory in the increasingly AI-driven global technology landscape.
#TSMC #SemiconductorStocks #AIChips #TechInvesting #StockAnalysis
For more http://www.quietplease.ai
Stock up on these deals
https://amzn.to/3QFpYIX
No reviews yet