Unleash Innovation 2024 Second Quarter Earnings Conference July 18, 2024 Unleash Innovation © 2024 TSMC, Ltd 0 TSMC Property Agenda • 2Q24 Financial Results and 3Q24 Outlook Wendell Huang, CFO • Q&A Unleash Innovation • Welcome Jeff Su, IR Director • Key Messages Wendell Huang, CFO C.C. Wei, Chairman & CEO © 2024 TSMC, Ltd 1 TSMC Property Safe Harbor Notice • TSMC's statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may dif ...

Loading... Loading... Taiwan Semiconductor Manufacturing Co. Ltd. TSM is announcing its second-quarter earnings on Thursday. Wall Street expects $1.38 in EPS and $20 billion in revenues as the company reports before market hours. The stock is up 67.23% over the past year, +69.12% YTD. Let's look at what the charts indicate for Taiwan Semiconductor (aka TSMC) stock, and how the stock currently maps against Wall Street estimates. TSMC Price Charts Bearish Ahead Of Q2 Earnings Taiwan Semiconductor stock faces ...

AI is driving strong demand for Taiwan Semiconductor and its high-profile customers.Shares of Taiwan Semiconductor Manufacturing (TSM 0.44%), also known as TSMC, rose 63% in the first six months of 2024, according to data provided by S&P Global Market Intelligence. TSMC is the world's biggest microchip manufacturer, and its list of customers includes several of the largest semiconductor companies. It's been producing impressive financial results as the semiconductor industry rebounds from a cyclical slowdow ...

Shares of the world's top third-party chip foundry have almost doubled year to date.Taiwan Semiconductor Manufacturing  (TSM 0.44%) has had a great 2024, as it's up more than 80%. With that kind of performance in the rear-view mirror, many investors may wonder if they've missed the boat.Possibly not: Several positive trends are on the horizon, and this could be the start of something even bigger.Taiwan Semiconductor is a key part of AI proliferationTaiwan Semiconductor is the world's largest contract chip m ...

Former U.S. President Donald Trump speaks during a campaign rally at the Butler Farm Show in Butler, Pennsylvania, on July 13, 2024.Former U.S. President Donald Trump, who is vying for another White House mandate, said he thinks Taiwan should pay the U.S. for defense, claiming that the country "doesn't give us anything."His comment was in response to a question on whether he would defend Taiwan against China, as part of an interview with Bloomberg Businessweek published on Monday.Beijing considers democrati ...

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is scheduled to report second-quarter 2024 results on Jul 18.Robust demand for advanced technologies, solid momentum among customers, increasing design wins, and a strong presence in the domestic and international markets are expected to have favored the company in the quarter-to-be reported.For the second quarter, Taiwan Semiconductor expects revenues between $19.6 billion and $20.4 billion. The Zacks Consensus Estimate for the same is pegged at $20.2 b ...

Semiconductors have been the success story of Wall Street over the past two years. Much of the gain that the technology sector has made since the onset of 2023 has been based on the AI optimism-led semiconductor boom. The rising demand for electronics also ensures their status as profitable holdings for investors.Per the Semiconductor Industry Association, global sales for semiconductors are expected to reach $611.2 billion in 2024, rising 16% year over year. In 2025, it is likely to rise 12.5%. The chip-ma ...

Core Viewpoint - Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) is currently perceived as overvalued despite its strong operational developments and future growth prospects in AI-related revenue [1][10]. Operational Developments - TSM is expanding its operations internationally, with plans to build three fabrication facilities in Arizona over the next five years and two plants in Japan within three years [2]. - The company is also collaborating with a European Semiconductor Manufacturing Company in Germany, targeting production by the end of 2027 [2]. - TSM is developing a new chip-manufacturing technology called A16, expected to enter production in the second half of 2026 [2]. - Price increases for advanced process manufacturing have been implemented, ranging from 3% to 6%, with major clients like Nvidia, Apple, and Qualcomm accepting these increases [2]. - TSM anticipates its AI-related revenue to double in 2024 and grow at a 50% compound annual rate over the next five years, potentially reaching over 20% of total revenue by 2028 [2]. Financial and Valuation Analysis - Despite a recent contraction in revenue and net income, TSM's revenue grew by 16.5% year-over-year in the first quarter, with net income increasing by 8.9% [3]. - TSM holds over 60% of the global semiconductor foundry market, significantly ahead of Samsung's 14%, providing a strong competitive advantage [4]. - Analysts forecast a revenue CAGR of around 16% and an earnings per share CAGR of approximately 24% over the next five years, indicating potential margin expansion [5]. - The current price-sales ratio is around 11, while a more reasonable ratio would be around 7, suggesting the stock is overvalued at present levels [7]. Conclusion - TSM is strategically positioning itself for long-term success, but current valuations may lead to short-term to medium-term downside risks for new investors [10].

Was anyone really shocked by Taiwan Semiconductor Manufacturing’s (NYSE:TSM) strong second-quarter report? It should have been a given that Taiwan Semiconductor stock would blow past expectations. After all it’s the largest pure-play foundry used by all the top AI chipmakers.June sales soared 33% year-over-year to $6.4 billion, easily trouncing Wall Street’s expectations of $5.7 billion. Second-quarter sales surged 40% to $20.7 billion. Taiwan Semiconductor makes advanced chips for companies like Nvidia (NA ...

View of the Tainan Science Park in Taiwan, Asia. BING-JHEN HONG Last week, Taiwan Semiconductor Manufacturing (NYSE:TSM) (OTC:TSMWF), also known as TSMC, released its June revenue report. The company reported NT$207 billion in revenue for the month. This Taiwan Dollar sum works out to $6.5 billion in U.S. dollars, assuming that the average exchange rate during the quarter was the same as today’s exchange rate. TSMC has not reported an official U.S. dollar figure for the month yet. The fact that we now hav ...