I maintained a bullish outlook on Taiwan Semiconductor Manufacturing Company Limited aka TSMC (NYSE: TSM ) going into Q4 FY24 earnings. And so far, it is playing out well, outperforming the S&P 500 ( SPY ) ( SPX ) ( IVV ) ( VOO ):Providing alpha-generating investment ideas. I am an independent investor managing my family's portfolio, primarily via a Self Managed Super Fund. You can expect my articles to deliver a clearly structured, evidence-based thesis. But first and foremost, I encourage readers to judge ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Thanks to better-than-expected sales for artificial intelligence end markets, Taiwan Semiconductor Manufacturing (TSM -1.53%) management is optimistic about its future.*Stock prices used were the afternoon prices of Jan. 17, 2025. The video was published on Jan. 19, 2025. ...

Taiwan Semiconductor Manufacturing is expecting strong demand from its customers in 2025.In today's video, I discuss Taiwan Semiconductor Manufacturing (TSM -1.53%) and recent updates impacting the semiconductor industry. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Jan. 17, 2025. The video was published on Jan. 17, 2025. ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Earnings Performance - Taiwan Semiconductor Manufacturing Company (TSM) exceeded both top and bottom line estimates in its FY24 earnings [1] - The company's management guidance was well received, leading to a further upward push in the stock price [1] Investment Strategy - The investment approach focuses on identifying undervalued companies with strong fundamentals and significant growth potential [1] - Emphasis is placed on businesses with robust cash flows, strong balance sheets, and competent management teams [1] - The strategy maintains a long-term investment horizon to allow the investment thesis to materialize [1] - The goal is to generate superior risk-adjusted returns through disciplined research and strategic value investments in quality businesses [1]

Investment Rating - The report maintains a "Buy" rating for TSMC, indicating a positive outlook for the company's stock performance relative to the market [17]. Core Insights - TSMC's Q4 2024 revenue reached the upper limit of guidance at $26.88 billion, reflecting a year-over-year increase of 38.8% and a quarter-over-quarter increase of 14.3%, driven by demand from Apple's new iPhone 16 series and the HPC sector [3][5]. - The advanced process nodes (3nm and 5nm) continue to show strong demand, with advanced process revenue accounting for 74% of total wafer revenue [3][5]. - The company expects significant growth in its HPC segment, projecting a 58% increase in 2024, while smartphone revenue is expected to grow by 23% [3][11]. - TSMC's average selling price (ASP) increased to approximately $7,866 per equivalent 12-inch wafer, up 11.7% quarter-over-quarter, primarily due to the higher proportion of 3nm products [3][13]. - Capital expenditure for 2024 is projected at $29.8 billion, with plans for 2025 set between $38-42 billion, focusing on advanced processes and overseas expansion projects [3][14]. - The next-generation technology nodes, N2P and A16, are planned for mass production in the second half of 2026, with expectations of improved performance and efficiency [3][14]. Summary by Sections Q4 2024 Review - TSMC's revenue for Q4 2024 was $26.88 billion, with a gross margin of 59%, benefiting from increased capacity utilization [5]. - The revenue breakdown by process node shows 26% from N3, 34% from N5, and 14% from N7, with advanced nodes (N7 and below) making up 74% of total revenue [5]. HPC and Other Segments - The HPC segment saw a quarter-over-quarter revenue increase of 19%, while smartphone revenue increased by 17% [11]. - The revenue contributions from various segments were 53% from HPC, 35% from smartphones, and smaller contributions from IoT, automotive, and DCE [11]. ASP and Wafer Shipments - TSMC shipped 3,418k equivalent 12-inch wafers in Q4 2024, marking a 2.4% increase quarter-over-quarter [13]. - The increase in ASP was driven by the higher share of 3nm products, particularly for high-end applications [13]. Capital Expenditure and Future Plans - TSMC's capital expenditure for 2024 is set at $29.8 billion, with a planned increase to $38-42 billion in 2025, focusing on advanced processes and overseas projects [14]. - The company is advancing its overseas expansion with projects in the U.S., Japan, and Germany [14]. Next-Generation Technology - TSMC plans to introduce N2P and A16 nodes in 2026, which are expected to enhance performance and efficiency significantly [14].

Group 1 - The primary goal of the Cash Flow Kingdom Income Portfolio is to achieve an overall yield in the range of 7% - 10% by combining various income streams for a steady portfolio payout [1] - Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) reported excellent quarterly earnings results, showing significant gains over the last year, while shares remain reasonably priced considering the company's growth track record and outlook [1] - The Cash Flow Club focuses on company cash flows and access to capital, offering features such as a personal income portfolio targeting a yield of over 6%, community chat, and coverage of various sectors including energy midstream and commercial mREITs [1]

Taiwan Semiconductor Manufacturing (TSM) reported robust fourth-quarter 2024 results, wherein it beat estimates for both the top and the bottom lines on surging demand for advanced chips used in AI applications. This Taiwan-based chipmaker also offered a bullish outlook for AI demand.Investors seeking to tap TSM’s growth could consider ETFs having the largest allocation to the world’s largest contract semiconductor manufacturer. These include SP Funds S&P World ex-US ETF (SPWO) , SP Funds S&P Global Technol ...

The world's largest chipmaker, Taiwan Semiconductor Manufacturing Company (NYSE: TSM ), delivered an exceptional Q4 earnings report today that confirms what everyone has known for months: the booming AI hardware market is causing an inflection in TSMC's business. Amid boomingAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my ow ...