On January 18th, the latest financial results were announced by Taiwan Semiconductor Manufacturing Company (TSMC). As the world’s largest producer of semiconductors, which are used in the making of computers, electric cars and many clean energy solutions, the business could be poised to benefit greatly from investing trends in 2024. Falling flat at the Q4 finish lineCopy link to sectionNevertheless, earnings fell way below expectations, according to the company in a statement:Year-over-year, fourth quarter ...

The world's largest contract chipmaker Taiwan Semiconductor Manufacturing Company on Thursday posted better-than-expected profit and revenue on the back of weaker macroeconomic conditions.Here are TSMC's fourth-quarter results versus LSEG consensus estimates:Revenue: 625.53 billion New Taiwan dollars ($19.62 billion), vs. NT$618.31 billion expectedNet income: NT$238.71 billion, vs. NT$225.22 billion expectedTSMC reported revenue slipped 1.5% from a year ago to NT$625.53 billion, while net income dropped 19. ...

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is scheduled to report fourth-quarter 2023 results on Jan 18.For the fourth quarter, TSM anticipates revenues between $18.8 billion and $19.6 billion. The Zacks Consensus Estimate for the same is pegged at $18.99 billion, suggesting a decline of 4.7% from the year-ago quarter’s reported figure.The consensus mark for fourth-quarter earnings is pegged at $1.34 per share, indicating a decline of 26.4% from the prior-year reported figure. The consensus estim ...

Every day for the next three weeks, we're going to highlight one of Schaeffer's top 12 picks for 2024. First up this week, we have chip stock Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM). To access the entirety of the 2024 report, click here.Chipmaker Taiwan Semiconductor (TSM ) has reclaimed the $100 level, along with it's 20- month moving average. Reclamations of the latter favors that the stock price will be higher by the end of 2024, as tests have proven to be buying opportunities in the past. The TSM/ ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

sankai I rate Taiwan Semiconductor (NYSE:TSM) (TSMC) as a hold as there are important factors beyond the company's excellent fundamental prospects, adding that there are underlying assumptions that need to be assessed if an investor wants to consider TSMC as a good investment opportunity now. TSMC's technological leadership and its well-deserved market position in the foundry segment might mislead an investor who is just solely focusing on its growth prospects associated with the long-term tailwinds of arti ...

JHVEPhoto/iStock Editorial via Getty ImagesThe TSMC Investment Thesis Taiwan Semiconductor Manufacturing Company (NYSE:TSM) or most commonly referred to as TSMC is the heart of today's economy. This is because semiconductors are now a key part of nearly every type of electronic device, from cars to smart phones. Most people are probably not aware that even appliances like refrigerators depend on this industry, and that the chip shortage affected 169 different industries. It is therefore not surprising t ...

Taiwan Semiconductor Manufacturing Co (TSMC) on Wednesday beat analysts expectations, despite reporting a drop in its revenues, by posting better than expected sales in the final quarter of 2023 amid signs the global slump in the chip market has now reached an end. TSMC 2330, -0.34%, which makes the microchips used in almost all electronic devices, reported Dec. 2023 sales worth NT$ 176.3 billion ($5.7 billion), representing an 8.4% drop compared to the same period in 2022 . The Hsinchu headquartered compan ...

In the latest market close, TSMC (TSM) reached $100.17, with a -1.34% movement compared to the previous day. The stock's performance was behind the S&P 500's daily loss of 0.8%. Meanwhile, the Dow experienced a drop of 0.76%, and the technology-dominated Nasdaq saw a decrease of 1.18%.The chip company's stock has climbed by 5.01% in the past month, exceeding the Computer and Technology sector's gain of 2.11% and the S&P 500's gain of 3.4%.Analysts and investors alike will be keeping a close eye on the perfo ...

Taiwan Semiconductor Manufacturing Company (TSM -0.64%) -- known to many as TSMC -- is the largest semiconductor foundry in the world. TSMC's foundry model, which other semiconductor manufacturers have since adapted, means the company doesn't produce chips for general sale. Instead, companies contract TSMC to make chips to fit their specific needs.TSMC produces chips specifically designed for smartphones, cars, graphics processing units (GPUs), and dozens of other technologies that we use daily. This busine ...