Taiwan Semiconductor Manufacturing Company (NYSE: TSM ) remains one of the top picks in the SA Quant rating, and the way developments are unfolding, it is difficult to argue with Quant's optimism. TSM is stillWith a decade at a Big 4 audit firm specializing in the banking, mining, and energy sectors, I bring a strong foundation in finance and strategy. Currently, I serve as the Head of Finance for a leading owner and operator of retail real estate, where I oversee complex financial operations and strategy. ...

Taiwan Semiconductor Manufacturing Company (NYSE: TSM ) remains one of the top picks in the SA Quant rating, and the way developments are unfolding, it is difficult to argue with Quant's optimism. TSM is stillWith a decade at a Big 4 audit firm specializing in the banking, mining, and energy sectors, I bring a strong foundation in finance and strategy. Currently, I serve as the Head of Finance for a leading owner and operator of retail real estate, where I oversee complex financial operations and strategy. ...

| M | Equity Analyst | Foundation | | --- | --- | --- | | September 15, 2025 05:25 PM GMT | | | | Investor Presentation Asia Pacific | Morgan Stanley Taiwan Limited+ | | | | Daniel Yen, CFA | | | Investor Presentation: Greater China | Daniel.Yen@morganstanley.com | +886 2 2730-2863 | | | Charlie Chan | | | | Equity Analyst | | | Semiconductors Outlook | Charlie.Chan@morganstanley.com | +886 2 2730-1725 | | | Morgan Stanley Asia Limited+ | | | | Daisy Dai, CFA | | | | Equity Analyst Daisy.Dai@morganstanley.c ...

ab Global Research 12 September 2025 UBS Global I/O Semiconductors SEMICON Taiwan 2025: 3.5D advanced packaging, co-packaged optics and more testing An event at record scale SEMICON Taiwan 2025, held on 8-12 Sept, was one of the largest electronics shows in Taiwan in recent years, reflecting increased attention on the importance of the semiconductor industry and supply chain in Taiwan. According to official estimates, the event attracted 1,200 exhibitors and ~100,000 visitors (vs. 85,000 visitors last year) ...

| ●● AGIX vs 市场大盘 Ticker | 本周表现 | YTD | Return since 2024 | | --- | --- | --- | --- | | AGIX | 3.15% | 25.69% | 69.95% | | S&P 500 | 1.37% | 11.95% | 38.04% | | QQQ | 1.35% | 14.75% | 43.26% | | | 本周表现 | Index Weights | | --- | --- | --- | | Semi & hardware | 0.93% | 23% | | Infrastructure | 2.23% | 45% | | Application | -0.01% | 32% | AGIX 指数诞生于我们对"如何捕获 AGI 时代 beta 和 alphas"这一问题的深度思考。毫无疑问，AGI 代表了未来 20 年最重要的科技范式转换，会像互联网 那样重塑了人类社会的运行方式，我们希望 AGIX 成为衡量这一新科技范式的重要指标，如同 Nasdaq100 之于互联网时代。 「AGIX PM Notes」 是我们对 AGI ...

12 September 2025 | 10:29PM HKT Asia Strategy Baskets Alpha Opportunities Around AI and Policy Catalysts Our strategy baskets provide investors with a unique investment platform to generate ideas and track Asian equities through macro slices, geographic exposure, styles/factors, positioning, and thematic lenses. In this update, we rebalance 46 strategy baskets, which can be tracked in real time on Bloomberg and GS Marquee. After a 34% rebound from April's low without any 4%+ pullbacks for MXAPJ, we recommen ...

V i e w p o i n t | 10 Sep 2025 12:33:46 ET │ 17 pages Taiwan Electronics & Semiconductors Taiwan monthly tracker and what's new in AI – Debate on AI GPUs vs. ASIC emerges again CITI'S TAKE With Taiwanese companies' reported July/Aug sales, we note AI demand, especially AWS supply chain, is showing the strongest momentum including Accton and Wiwynn. In semiconductor, TSMC shows promising growth given strong advanced node and AI momentum. While Apple is launching new iPhone 17 series, most of the Apple suppl ...

Core Insights - Taiwan Semiconductor Manufacturing Company (TSMC) is positioned to benefit from the increasing demand for AI cloud computing infrastructure, solidifying its status as the world's largest semiconductor foundry [1][2] - TSMC's stock has surged by 59% over the past year, outperforming the PHLX Semiconductor Sector index, which increased by 28% during the same period [2] - The company is expected to continue its growth trajectory, with revenue in the first eight months of 2025 rising by 37% year-over-year, indicating potential for a strong finish to 2025 [5][6] Revenue and Growth Projections - TSMC's management forecasts a revenue growth of 30% for 2025, with current performance suggesting it may exceed this target [5] - Approximately 60% of TSMC's revenue comes from the high-performance computing (HPC) segment, which includes major clients like Nvidia, AMD, Broadcom, and Marvell Technology [6][8] - Broadcom's AI revenue is projected to double next year, while Marvell anticipates a significant increase in customers for its custom AI processors [7][8] Market Demand and Capacity Constraints - Major tech companies are experiencing capacity constraints in their AI data centers, leading to increased capital spending, projected to rise by $33 billion to $369 billion next year [10][11] - Oracle reported a 359% year-over-year increase in remaining performance obligations (RPO) to $455 billion, indicating strong demand for AI capabilities [9] - TSMC's relationships with top AI chip designers position it favorably to meet the growing demand for GPUs and custom AI processors [11] Stock Performance and Analyst Expectations - TSMC's 12-month median stock price target is $278, suggesting an 11% potential increase from current levels, with 96% of analysts recommending a buy [12] - Earnings for 2026 are expected to reach $11.31 per share, with potential upward revisions due to increased spending on AI chips [13][15] - If TSMC's earnings reach $12.00 per share and it trades at 29 times earnings, the stock price could rise to $348, representing a 36% increase from current levels [16]

I am a highly experienced Chief Financial Officer (CFO) with a strong background in the oilfield and real estate industries. With over a decade of experience in finance, I have led numerous complex due diligence efforts and M&A transactions, both domestically and internationally.In recent years, I have developed a keen interest in equity research and analysis of public companies. This interest has led me to render equity research services for a Dubai-based family office with over $20 million in assets under ...

US equity futures have a slight bid into today's CPI print - the last key macro datapoint ahead of next week's rate decision - rising to another daily record high, let by Tech. As of 8:10am, S&P futures rise 0.2% after back-to-back all-time highs while Nasdaq 100 futures rise 0.3% with AAPL and AMZN leading the Mag7 higher and ORCL +1.4% after its +36% move yesterday. In a familiar pattern this week, Cyclicals are outperforming Defensives pre-mkt. European stocks also drifted higher while Chinese stocks cap ...