with quite a strong outlook for 2024, and likely beyond. While the valuation has become a bit more expensive since the January upgrade (which perhaps may warrant some near-term profit-taking), as described it remains far from expensive, so holding and/or buying the stock would be equally va...
raising its full-year growth forecast beyond the mid-20% range it had previously projected. The company is also pursuing a global expansion strategy andplans to start mass production at its Arizona fabrication facility next year.
Some believe that TSMC's stock (and market capitalization) will track higher when the company reports its Q2 2024 financial results later this month. Sales at the No. 1 foundry should confirm strong demand for AI processors (indirectly confirmed by strong guidance by Nvidia ...
The company has narrowed the range its annual capital budget forecast to be between USD30 billion and USD32 billion, compared with an earlier prediction of USD28 billion to USD32 billion, said Chief Financial Officer Wendell Huang. Shares of TSMC [TPE: 2330] closed down 2.4 perc...
The bank slightly raised the Group's forecast for the 2025 fiscal year and expects earnings per share to reach NT$55 to 60 in 2026, and revenue will continue to grow. The bank said that in view of TSMC's attractive valuation, high utilization rate, and inventory level almost bottomed out...
More re-rating ahead -we revised down our EPS forecast to NT$30/NT$38 in 2023/2024, due to a higher tax rate (from 11% to 15%). The ADR stock rose 2-3% in the US pre-market due to better-than-expected 4Q22 results and the guidance of the semiconductor industry to bottom in ...
Dell Technologies World 2024, Nvidia Preview, Grayscale | Bloomberg Technology 44:22 Nvidia's Earnings and Apple's DOJ Case | Bloomberg Technology 44:27 Nvidia Stock Surges and the DOJ Comes After Live Nation | Bloomberg Technology 54:24 https://www.youtube.com/watch?v=6zgbykRz7aw ...
Intel said it won’t pay its dividend in the fiscal fourth quarter of 2024 and lowered its forecast for full-year capital expenditures by over 20%. The company said it would lay off more than 15% of its employees as part of a $10 billion cost-reduction plan. “This is the mo...
JPMorgan said the stock is "undervalued" following a meeting with company management. "We rate DLTR Overweight. Multi-year, we see DLTR returning to a double-digit EPS ‘ compounder ’ with top- and bottom-line drivers in place at the core DT banner and stabilization at the Family Dollar...