Taiwan Semiconductor Manufacturing Company (TSMC) posted impressive Q2 results, with earnings per share rising 74% and revenue up 34%. Despite this strong performance, TSMC's shares fell due to market worries over its elevated capital expenditure guidance of $60–64 billion and a $100 billion expansion plan. The company, however, showed robust margin and free cash flow growth, supported by a strong AA-rated balance sheet and competitive advantages. The analyst initiating coverage rates TSMC as a buy, expecting over 100% upside by 2028 driven by AI growth and a reasonable valuation at 23 times forward earnings, though near-term volatility from spending and margin pressures remains a risk.
Taiwan Semiconductor (TSM) retains a hold rating following a 110% stock price rally, as its current valuation surpasses aggressive fair value estimates. The easing of geopolitical tensions, including relaxed U.S. export restrictions and restored acce...
Taiwan Semiconductor Manufacturing Company (TSMC) is rated Buy due to its unmatched resilience and dominant position in global chip production. Its business model focuses on physical volume growth and long-term B2B contracts, insulating it from AI-re...
The semiconductor sector, which outperformed in early 2026, is experiencing a pullback in July due to profit-taking, high valuations, and unwinding of leveraged trades following a strong AI-driven rally. Despite declines, major semiconductor ETFs lik...
Semiconductor ETFs like VanEck Semiconductor ETF (SMH), Corgi Lithography & Semiconductor Photonics ETF (EUV), and iShares MSCI Taiwan ETF (EWT) have seen strong gains but recently experienced a pullback. Despite this dip, the demand for semiconducto...
Taiwan Semiconductor (TSM), Nvidia, and ASML dominate the AI semiconductor supply chain, with TSM planning a 10% price increase next year due to pricing tensions with ASML and delayed equipment installations. Despite capital expenditure expansions by...
