Yes, that's correct. However, -To The Moon - Tiger Brokers Online Investing Community - To The Moon

Yes, that's correct. However, it's important to note that some Taiwanese manufacturers in the low-end sector have begun to lay off staff to reduce costs. High-end processor manufacturing for AI, however, seems unaffected. Recent news also reports that Huawei is actively recruiting talent from TSMC and ASML to develop their own domestic EUV technology.$Taiwan Semiconductor Manufacturing(TSM)$ $ASML Holding NV(ASML)$

TSMC First-Quarter Profit Expected to Rise 5% on Strong AI Chip Demand

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However, it's important to note that some Taiwanese manufacturers in the low-end sector have begun to lay off staff to reduce costs. High-end processor manufacturing for AI, however, seems unaffected. Recent news also reports that Huawei is actively recruiting talent from TSMC and ASML to develop their own domestic EUV technology.<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$&nbsp;</a><v-v data-views=\"1\"></v-v> <a href=\"https://ttm.financial/S/ASML\">$ASML Holding NV(ASML)$</a>&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Yes, that's correct. However, it's important to note that some Taiwanese manufacturers in the low-end sector have begun to lay off staff to reduce costs. High-end processor manufacturing for AI, however, seems unaffected. Recent news also reports that Huawei is actively recruiting talent from TSMC and ASML to develop their own domestic EUV technology.<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$&nbsp;</a><v-v data-views=\"1\"></v-v> <a href=\"https://ttm.financial/S/ASML\">$ASML Holding NV(ASML)$</a>&nbsp;</p></body></html>","text":"Yes, that's correct. However, it's important to note that some Taiwanese manufacturers in the low-end sector have begun to lay off staff to reduce costs. High-end processor manufacturing for AI, however, seems unaffected. Recent news also reports that Huawei is actively recruiting talent from TSMC and ASML to develop their own domestic EUV technology.$Taiwan Semiconductor Manufacturing(TSM)$ $ASML Holding NV(ASML)$","highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/295822399795352","repostId":2427528748,"repostType":2,"repost":{"id":"2427528748","pubTimestamp":1713230551,"share":"https://www.laohu8.com/m/news/2427528748?lang=&edition=full","pubTime":"2024-04-16 09:22","market":"us","language":"en","title":"TSMC First-Quarter Profit Expected to Rise 5% on Strong AI Chip Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2427528748","media":"Reuters","summary":"TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit ","content":"<html><head></head><body><p>TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit on Thursday thanks to strong demand.</p><p>The world&#39;s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has helped it weather the tapering off of pandemic-led electronics demand and pushed TSMC&#39;s stock to a record high.</p><p>TSMC is set to report a net profit of T$217.2 billion ($6.71 billion) for the quarter ended March 31, according to an LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate.</p><p>That compares to the first-quarter net profit of T$206.9 billion last year.</p><p>TSMC last week reported a 16.5% rise in first-quarter revenue, beating market expectations and at the high end of the company&#39;s own guidance.</p><p>Eric Yao, a vice president at Taiwan&#39;s Eastspring Investments, which manages about T$90 billion of client assets in Taiwanese stocks, said the $6.6 billion in U.S. subsidies for TSMC&#39;s new Arizona plants augured well for its prospects of maintaining its lead in advanced process technologies.</p><p>&#34;TSMC will likely continue to lead in that front, and Intel and Samsung will not have much chance to catch up,&#34; he said, referring to two rivals who want to challenge the company&#39;s dominance.</p><p>Intel this month disclosed deepening operating losses for its foundry business, a blow to the chipmaker as it tries to regain a technology lead it lost in recent years to TSMC, which also announced last week it would build a third fab in Arizona.</p><p>Fubon Securities analysts said they expected TSMC to revise up its outlook for AI demand for future years.</p><p>&#34;TSMC previously indicated that AI could account for high-teens of its revenue by 2026, but based on our calculation, we think the target could be reached earlier in 2025.&#34;</p><p>The AI boom has helped drive up the price of shares in Asia&#39;s most valuable company, with TSMC&#39;s Taipei-listed stock having surged 36% so far this year to a historic high, compared with a 14% gain for the broader market.</p><p>TSMC is due to hold an earnings call at 0600 GMT on Thursday.</p><p>($1 = 32.3890 Taiwan dollars)</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTSMC First-Quarter Profit Expected to Rise 5% on Strong AI Chip Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-16 09:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tsmc-first-quarter-profit-expected-005316293.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tsmc-first-quarter-profit-expected-005316293.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4535":"淡马锡持仓","LU0878005551.USD":"UBS (LUX) KEY SELEC ASIA ALLOCATION OPPORTUNITY (USD) \"P\" (USD) ACC","BK4527":"明星科技股","TSM":"台积电","BK4550":"红杉资本持仓","BK4588":"碎股","BK4579":"人工智能","BK4141":"半导体产品","BK4526":"热门中概股","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","BK4503":"景林资产持仓","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4512":"苹果概念","LU0541501648.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","BK4548":"巴美列捷福持仓","LU2491050071.SGD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (SGDHDG) ACC","BK4529":"IDC概念","BK4591":"室温超导概念","LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","LU0541502299.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"I\" (USD) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","BK4554":"元宇宙及AR概念","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","BK4515":"5G概念","BK4532":"文艺复兴科技持仓","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","BK4585":"ETF&股票定投概念","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","BK4534":"瑞士信贷持仓","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","SG9999004220.SGD":"Nikko AM Shenton Asia Dividend Equity Fund  SGD"},"source_url":"https://finance.yahoo.com/news/tsmc-first-quarter-profit-expected-005316293.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2427528748","content_text":"TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit on Thursday thanks to strong demand.The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has helped it weather the tapering off of pandemic-led electronics demand and pushed TSMC's stock to a record high.TSMC is set to report a net profit of T$217.2 billion ($6.71 billion) for the quarter ended March 31, according to an LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate.That compares to the first-quarter net profit of T$206.9 billion last year.TSMC last week reported a 16.5% rise in first-quarter revenue, beating market expectations and at the high end of the company's own guidance.Eric Yao, a vice president at Taiwan's Eastspring Investments, which manages about T$90 billion of client assets in Taiwanese stocks, said the $6.6 billion in U.S. subsidies for TSMC's new Arizona plants augured well for its prospects of maintaining its lead in advanced process technologies.\"TSMC will likely continue to lead in that front, and Intel and Samsung will not have much chance to catch up,\" he said, referring to two rivals who want to challenge the company's dominance.Intel this month disclosed deepening operating losses for its foundry business, a blow to the chipmaker as it tries to regain a technology lead it lost in recent years to TSMC, which also announced last week it would build a third fab in Arizona.Fubon Securities analysts said they expected TSMC to revise up its outlook for AI demand for future years.\"TSMC previously indicated that AI could account for high-teens of its revenue by 2026, but based on our calculation, we think the target could be reached earlier in 2025.\"The AI boom has helped drive up the price of shares in Asia's most valuable company, with TSMC's Taipei-listed stock having surged 36% so far this year to a historic high, compared with a 14% gain for the broader market.TSMC is due to hold an earnings call at 0600 GMT on Thursday.($1 = 32.3890 Taiwan dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":487,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TSM","ASML"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":360,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/295822399795352"}