Taiwan Semiconductor Manufacturing (TSMC) reported strong Q2 2026 results with revenue of $40.2 billion and EPS of $4.31, beating expectations. The company announced a $100 billion investment in Arizona for advanced chip capacity, driven by growing AI and HPC demand. Analysts see a 30.5% price upside to $539.60 over the next year, with a bullish case targeting $620 if AI trends and production ramps continue smoothly. Risks include geopolitical tensions and inventory build-up, but overall demand visibility through 2029 remains strong.
SK Hynix's IPO followed the 2026 mega-IPO pattern: a strong initial surge to $195, then a drop below $125, before settling around $162, above its $149 offer price. Despite the volatility, its fundamentals are strong with a 76% operating margin and 41...
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) ETF, which targets three times the daily performance of the NYSE Semiconductor Index, gained approximately 393% over the past year, turning a $10,000 investment into about $49,270. This surge was...
Shares of major semiconductor foundries like United Microelectronics, Taiwan Semiconductor Manufacturing, and GlobalFoundries fell sharply due to concerns over slowing AI-related capital expenditures. The Wall Street Journal reported that top tech fi...
David Tepper's Appaloosa Management disclosed large Q2 positions in Apple, Taiwan Semiconductor Manufacturing (TSMC), and CoreWeave, each with distinct outlooks. Apple shows strong recent revenue and buybacks but faces valuation and margin risks, wit...
David Tepper's Appaloosa fund initiated significant put option positions on Apple and Berkshire Hathaway, suggesting a cautious or hedging approach amid concerns over Apple's inflated earnings and memory pricing volatility. The puts on Berkshire like...
