Core Viewpoint - Taiwan Semiconductor (TSM) is diversifying its manufacturing base while addressing the increasing demand for its manufacturing services [1] Group 1 - The company is experiencing a booming demand for its manufacturing services [1] - TSM is actively working on diversifying its manufacturing capabilities [1]

Taiwan Semiconductor (TSM 0.55%) is one of the largest suppliers to the artificial intelligence industry.*Stock prices used were the afternoon prices of April 24, 2025. The video was published on April 26, 2025. ...

Core Viewpoint - The article discusses the author's positive outlook on Taiwan Semiconductor Manufacturing Company Limited (TSMC), reiterating a Strong Buy rating based on the company's long-term growth potential [1]. Company Summary - TSMC is recognized as a leading player in the semiconductor industry, with a focus on long-term investment strategies [1]. - The author emphasizes a preference for value stocks, indicating that TSMC fits this investment profile due to its growth prospects and market position [1]. Investment Strategy - The investment approach highlighted includes a mix of growth, value, and dividend-paying stocks, with a particular emphasis on value investing [1]. - The author occasionally engages in options trading, suggesting a flexible investment strategy that adapts to market conditions [1].

Warren Buffett is one of the most respected and widely followed investors in modern financial markets. He has a track record of success that spans several decades and recently showcased his ability to time his exits ahead of what turned out to be a near-record month in terms of volatility for the S&P 500 index. While his success rate is high enough to justify his fame, one decision might weigh on him in the coming years. Taiwan Semiconductor Manufacturing TodayTSMTaiwan Semiconductor Manufacturing$162.37 - ...

Core Viewpoint - Taiwan Semiconductor Manufacturing Company (TSMC) was considered overvalued due to a surge driven by AI enthusiasm [1] Group 1: Company Valuation - The valuation of TSMC was influenced by a significant run-up in stock price, primarily attributed to the excitement surrounding artificial intelligence [1] Group 2: Analyst Background - The analyst has a master's degree in engineering and management, enabling a comprehensive understanding of both the economic and technological aspects of companies [1]

Even though the market has slightly recovered from the lows it experienced not long ago, it's still well off its all-time highs. Despite this, there are plenty of bargains to be found in the market.Two that I'm most excited about are Taiwan Semiconductor (TSM 0.57%) and The Trade Desk (TTD 1.33%). Although they operate in completely different industries, they will be OK over the long term.Taiwan SemiconductorTaiwan Semi is the leading contract chip manufacturer and has contracts with many of the largest tec ...

Investment Rating - The industry view is rated as Cautious [3] Core Insights - TSMC is expected to achieve a gross margin of over 53% if not involved in an Intel joint venture operation [20] - Global semiconductor revenue peaked in Q3 2024, with a forecasted decline in foundry demand due to potential new tariffs [10][27] - TSMC's revenue guidance for Q2 2025 is projected between US$28.4 billion to US$29.2 billion, reflecting a 13% quarter-over-quarter increase at the midpoint [25] Summary by Sections TSMC Financial Performance - TSMC reported Q1 2025 revenue of NT$839.254 million, a decrease of 3.4% quarter-over-quarter but an increase of 41.6% year-over-year [22] - The company anticipates Q2 2025 revenue to be between US$28.4 billion and US$29.2 billion, indicating a 29.8% year-over-year increase at the midpoint [25] Market Trends and Demand - Global semiconductor inventory days declined at the end of 2024, with non-AI semiconductor demand recovery being a key factor for 2025 [29] - AI computing wafer consumption is projected to reach US$16.1 billion in 2025, with NVIDIA expected to account for the majority [59] Semiconductor Production Equipment - Disco reported a 4Q shipment value of ¥92.5 billion, a decrease of 2.6% year-over-year, with sales increasing by 15.7% to ¥120.7 billion [76] - The company expects a significant increase in shipments for HBM applications in the first quarter of F3/26 [76]

Core Viewpoint - 2025 has been challenging for AI stocks, with pressures from trade wars, high valuations, and signs of slowing demand impacting performance [1] Company Overview - Taiwan Semiconductor Manufacturing Company (TSMC) is the largest contract semiconductor manufacturer, handling over 50% of global contract chip production and approximately 90% of advanced chip production [4] - TSMC is a key player in the technology supply chain, serving major companies like Apple, Nvidia, and Qualcomm, and is significant in the AI sector due to its advanced chip-making capabilities [5] Recent Performance - TSMC reported a 41.6% increase in revenue to $25.5 billion in the first quarter, with operating income at $12.4 billion and an operating margin of 48.5% [6] - Advanced chips (7nm or less) constituted 73% of TSMC's revenue, with high-performance computing accounting for 59% of total revenue, indicating strong demand for AI applications [8] Growth Strategy - TSMC is poised for growth due to increasing semiconductor demand, driven by the integration of semiconductors into more products and advancements in technology [9] - The company is expanding its manufacturing footprint globally, including significant investments in the U.S., with a commitment of $100 billion for chip manufacturing [10] Competitive Advantages - TSMC's competitive advantages are expected to strengthen as it diversifies its manufacturing base and increases capacity [11] - The company is currently trading at a low price-to-earnings ratio of 21, suggesting it is undervalued compared to the S&P 500 [12] Long-term Outlook - TSMC's growth potential, competitive advantages, and low valuation position it as a strong investment opportunity in the long term [14]

Core Insights - TSMC has experienced a decline of approximately 5%, aligning with the performance of the S&P 500, yet has demonstrated resilience amidst tariff concerns and geopolitical issues [1] - The company's Q1 earnings highlight its strategic importance in AI infrastructure, particularly through advanced nodes [1] Company Analysis - TSMC's leadership is characterized by a proven track record in scaling businesses and smart capital allocation, alongside significant insider ownership [1] - The company exhibits consistent revenue growth and provides credible guidance, reinforcing its competitive positioning [1] Market Positioning - TSMC benefits from a strong technology moat and first-mover advantage, which contribute to its network effects and drive exponential growth [1] - The company has established market penetration in high-growth industries, positioning itself favorably against competitors [1] Financial Health - TSMC maintains sustainable revenue growth with efficient cash flow, supported by a strong balance sheet that ensures long-term survival [1] - The company avoids excessive dilution and financial weaknesses, which enhances its financial stability [1] Valuation Metrics - TSMC's valuation is assessed through revenue multiples compared to peers and DCF modeling, ensuring a favorable risk/reward profile [1] - Institutional backing and market sentiment analysis further support the company's valuation strategy [1] Portfolio Strategy - TSMC's investment approach includes core positions (50-70%) in high-confidence, stable plays, alongside growth bets (20-40%) that present high-risk, high-reward opportunities [1] - A small allocation (5-10%) is reserved for speculative investments in potential disruptors with significant upside [1]

There is a lot of speculation about the effects of President Donald Trump's tariff plans, but none have been seen yet, as many companies are still sorting through how they will be affected. As first-quarter results roll out, you'll get more commentary on how tariffs will affect various businesses, but one very important company has already offered commentary on tariffs.Taiwan Semiconductor (TSM 3.88%) is one of the world's most important companies, as it is the chip foundry for many of the world's top compa ...