An analyst from D.A. Davidson raised the price target for Taiwan Semiconductor Manufacturing Company (TSMC) to $500, indicating a 22% potential upside from its current price of $409.74. This upgrade is driven by strong demand in artificial intelligence (AI), with high-performance computing (HPC) accounting for 66% of TSMC's Q2 revenue and showing 20% sequential growth. To meet rising AI demand, TSMC plans to invest $60-$64 billion in 2026 to expand advanced chip manufacturing capacity. Despite heavy capital expenditure, TSMC maintains robust financial health with 65% gross margins and projected free cash flow of $47 billion in 2026, supporting its leadership in the semiconductor foundry market.
Volatility in emerging markets, especially in ETFs like EEM, has surged due to high volatility in key tech stocks from Taiwan and South Korea linked to AI demand. This spike in volatility may indicate a broader market trend of 'bi-modality,' where re...
Taiwan Semiconductor Manufacturing saw its stock rise after reporting strong quarterly results and guidance that exceeded expectations. Intuit's shares declined due to weaker growth in its DIY tax segment, affected by price-sensitive consumers. Brown...
The recent correction in the tech sector is viewed as a valuation reset rather than a fundamental problem, creating buying opportunities in high-quality AI and semiconductor companies. Semiconductor leaders like NVIDIA, Micron, Broadcom, and TSMC are...
The Corgi Lithography & Semiconductor Photonics ETF (EUV) has dropped more than 20% in one month, mainly due to sector fears of margin contraction from Chinese oversupply. However, its core holdings, including ASML with its EUV monopoly and TSMC, rem...
