2024-07-22 04:02:01 ET
Summary
- TSMC's Q2 earnings suggests an uptick from 2023 levels with a possible attainment of 2022 revenue highs, if not more.
- However, AI investment sentiment has been cooling among analysts. At present, commitment levels of $1 trillion, the question remains as to what benefits are feasible.
- Relative to its clients Nvidia and AMD, TSMC's position as a manufacturer makes it a suitable "risk-off" alternative to other risky overhyped AI stocks.
...
Read the full article on Seeking Alpha
For further details see:
TSMC's Q2 Earnings: Solid Result, AI Investing Sentiment Cools