TSM News and Press, Taiwan Semiconductor Manufacturing Company Ltd. From 06/22/24

2024-06-22 05:13:55 ET Summary Short interest in GFS is higher than most, especially in the foundry space, and there appears to be several reasons why. The foundry market is still facing soft demand, except in some areas, but GFS seems to be having a tougher time than other foundr...

2024-06-21 09:15:00 ET You can't go five minutes without hearing about Nvidia these days. The computer chip giant recently became the largest company in the world by market capitalization and today is valued at over $3.34 trillion. Investors are betting that the huge capital spending on...

2024-06-21 07:00:00 ET If you've been an investor for a while, you've likely heard the phrase "picks and shovels" when referring to a company. This moniker is given to a business that may not pursue a trend directly. Instead, it's giving its clients the tools they need in their efforts. Whe...

2024-06-21 05:30:00 ET Nvidia (NASDAQ: NVDA) relies on one company for its most advanced products, Taiwan Semiconductor Manufacturing (NYSE: TSM) . And Taiwan Semiconductor is raising its prices in part because Nvidia is making so much money on AI chips. Travis Hoium...

2024-06-21 04:52:00 ET Summary As the first half wraps up, both US and foreign stocks are solidly positive amid AI euphoria. In the stock market, despite many calls for a broadening out of the rally, the mega-cap AI theme reasserted its dominance following small caps’ surge...

2024-06-20 23:20:48 ET Summary GlobalFoundries reported their 1Q24 with better than expected net income, but the headwind from the industry slowdown continues to show up. GlobalFoundries reported lower smart mobile device revenue, with inventory levels increasing and weak end-dema...

2024-06-20 23:11:04 ET Summary TSMC reached a new 1-year high on optimism for consistent top line growth. Market share gains and record Q1 results drive revenue growth. The firm's free cash flows are growing significantly faster than revenues, which in turn translates to signi...

2024-06-20 14:53:33 ET The Info Tech sector of the S&P 500 ( SP500 ) has been the best performing segment in 2024 as well as being the top performing segment over the past 1-year when compared to each of the 10 other S&P sectors. Year to date, Info Tech is +31.5% while over ...

2024-06-20 10:25:18 ET More on Taiwan Semiconductor TSMC: Undervaluation Persists Ahead Of Q2 2024 TSMC: By Far The Strongest Chip Company TSMC: One Of The Cheapest Big Tech/AI Stocks Bill seeks to prevent CHIPS Act recipients from using Chinese equipment: re...

2024-06-20 09:44:21 ET Summary Intel has been undergoing a massive transformation since 2021 with IDM 2.0, but so far, it has created more problems than benefits. The deprioritized core business has been losing its competitive strength and experiencing macroeconomic weakness. ...