Semiconductor stocks are selling off as Trump's tariff agenda sparks ongoing tensions among trade partners. Is this an opportunity to buy Taiwan Semi?Generally speaking, stock prices move based on reactions to quarterly earnings or economic indicators such as inflation or unemployment rates. At the moment, those variables have taken a back seat to another gigantic topic: swaying investor sentiment.Of course, I'm referencing President Trump's tariff policies. With earnings season quickly approaching, investo ...

Group 1 - The account is managed by Noah's Arc Capital Management, focusing on 20th-century stocks undergoing transformation in the 21st century [1] - The research aims to identify innovations in business models that could lead to significant stock changes [1] Group 2 - The managing partner of Noah's Arc Capital Management is Noah Cox, whose views may not reflect the firm's overall stance [3] - The article is intended for informational purposes only and does not constitute investment advice [3]

Core Viewpoint - Taiwan Semiconductor Manufacturing Company (TSMC) is a critical player in the semiconductor industry, responsible for 50% of the world's semiconductor chip components, and is expected to report strong Q1 results amid global trade tensions and strategic investments in the U.S. [1][2] Group 1: Q1 Expectations and Financial Performance - TSMC's Q1 sales are projected to increase by 33% to $25.2 billion compared to $18.87 billion in the same quarter last year [3] - The expected Q1 EPS is anticipated to rise by 46% to $2.02 from $1.38 per share a year ago, with TSMC having exceeded the Zacks EPS Consensus for 17 consecutive quarters [3] - TSMC's total sales for FY2025 are expected to grow by 26% to $113.51 billion, with FY2026 sales projected to increase by 19% to $135.44 billion [4][5] Group 2: EPS Growth and Estimates - TSMC is expected to achieve 29% EPS growth in FY2025, with annual earnings projected to rise by 21% in FY2026 to $11.02 per share [5] - Recent estimates for FY2025 and FY2026 EPS have seen slight downward revisions over the last 60 days [6] Group 3: Stock Performance and Valuation - Year-to-date, TSMC's stock has declined by 20%, underperforming the S&P 500's 8% decline and the Nasdaq's 13% drop, but has gained nearly 60% over the last three years [6][7] - TSMC shares are currently trading at a forward earnings multiple of 17.1X, which is below the benchmark's 20.1X and significantly lower than its decade-long high of 34.4X [7] Group 4: Strategic Moves and Market Position - TSMC's planned $100 billion investment in U.S. semiconductor manufacturing is a strategic move to mitigate production risks and navigate trade tensions [1][2] - The company serves major U.S. firms such as Nvidia, Apple, and AMD, highlighting its importance in the tech supply chain [2]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is scheduled to report its first-quarter 2025 results on Thursday.The Zacks Consensus Estimate for first-quarter earnings is pegged at $2.02 per share, implying a 46.4% increase from the year-ago quarter’s reported number. The estimate has been revised a penny downward over the past 60 days.Image Source: Zacks Investment ResearchTaiwan Semiconductor expects revenues between $25 billion and $25.8 billion. The Zacks Consensus Estimate is pegged at $25.2 bi ...

Group 1 - TSMC's stock has decreased by 14%, presenting a significant buying opportunity after being previously fairly valued [1] - The analyst emphasizes a focus on companies with resilient management and competitive advantages, particularly in the technology sector [2] - The analyst typically holds investments for one to two years, exiting when they reach fair value [2] Group 2 - The analyst has a beneficial long position in TSM, NVDA, and AMD through various financial instruments [3] - The article expresses the analyst's personal opinions without any compensation from the companies mentioned [3]

Core Viewpoint - The article emphasizes the importance of conducting personal in-depth research and due diligence before making investment decisions, highlighting the inherent risks involved in trading [3][4]. Company Insights - The analyst holds a beneficial long position in shares of TSM, ASML, and NVDA, indicating a positive outlook on these companies [2]. - The article reflects the analyst's personal opinions and insights, which may provide a contrasting view of the investment landscape [1][2]. Industry Context - The analysis serves as an informational resource rather than professional investment advice, underscoring the need for investors to be aware of potential capital loss risks [3][4].

Core Insights - The article emphasizes the importance of innovation and disruption in the financial sector, particularly focusing on high-tech and early growth companies [1] Company and Industry Summary - The financial researcher highlights a beneficial long position in TSM shares, indicating confidence in the company's future performance [2] - The article discusses the broader implications of market trends and the potential for growth buyouts and value stocks within the industry [1]

Core Viewpoint - The article discusses TSMC's accelerated efforts to establish semiconductor manufacturing facilities in the United States in response to potential tariffs on chips, highlighting the company's strategic shift to meet customer demands and mitigate risks associated with U.S. trade policies [1][2]. Group 1: TSMC's U.S. Expansion Plans - TSMC is expediting the construction of its third wafer fab in Arizona, which is set to break ground in June, a year ahead of the original schedule [1]. - The company plans to invest $165 billion in the U.S., which includes advanced process wafer fabs and advanced packaging facilities, aiming to reduce the cost pressures from potential tariffs for U.S. clients [2]. - TSMC has begun placing orders for new equipment from Taiwanese suppliers for its advanced packaging plants in the U.S., indicating a proactive approach to its manufacturing strategy [2]. Group 2: Impact of U.S. Trade Policies - The article notes that the Trump administration's shifting tariff policies may soon target the semiconductor industry, prompting TSMC's clients, including major companies like Apple and Qualcomm, to push for increased manufacturing in the U.S. [2]. - The potential for tariffs on semiconductor chips is driving TSMC to prioritize its U.S. manufacturing capabilities to better serve its American customers [2]. Group 3: Adjustments in Global Operations - TSMC's second wafer fab in Kumamoto, Japan, is reported to be delayed, with construction now expected to start within 2025, reflecting the company's flexible approach to global expansion based on market dynamics [4]. - The delay in the Kumamoto facility is attributed to geopolitical factors and a shift in customer investment preferences towards U.S. manufacturing, as well as a downturn in the automotive semiconductor market [4].

Core Insights - The article expresses a beneficial long position in TSM shares, indicating a positive outlook on the company's stock performance [1] Group 1 - The information provided is intended for informational purposes only and does not constitute a solicitation to buy or sell securities [2] - It emphasizes the importance of conducting personal research or consulting a financial advisor before making investment decisions [2] - The article clarifies that past performance is not indicative of future results, highlighting the inherent risks in investing [3]

关税持续搅动全球金融市场。 在经历了史诗级动荡后，华尔街迎来了一则重大利好。有分析称，在特朗普政府豁免了热门消费电子产品和关键零 部件之后，美国科技行业暂时脱离了崩溃的边缘。另外，阿斯麦、台积电等科技巨头下周将披露最新季度财报，或 将为投资者带来新的考验。 在经历了史诗级动荡后，华尔街迎来了一则重大利好。特朗普政府已同意对智能手机、电脑、芯片等电子产品免除 所谓"对等关税"，此举有望在一定程度上缓解关税对美国消费者的价格冲击，苹果、三星等消费电子巨头或从中受 益。 美国投行Wedbush分析师Dan Ives称，在特朗普政府豁免了热门消费电子产品和关键零部件之后，美国科技行业暂 时脱离了崩溃的边缘。 他警告称，如果没有这些豁免，美国科技行业将倒退十年，人工智能革命的进程也将大大减缓。 当前美股第一季度财报季已经拉开序幕，阿斯麦、台积电、奈飞等科技巨头下周将披露最新季度财报，或将为 投资者带来新的考验。 回到市场层面，本周标普500指数累计大涨5.7%，为2023年11月来最佳单周表现；道指累计上涨4.95%，纳指累计 大涨7.29%。其中，大部分涨幅都来自周三的反弹，纳指当天暴涨超12%。 分析认为，这种剧烈 ...