Several factors can impact TSMC's earnings:
* Demand for semiconductors: TSMC is a major supplier of chips for smartphones, computers, and other electronic devices. So, fluctuations in demand for these products can affect TSMC's earnings.
* Capacity utilization: TSMC is currently operating at near capacity. If demand weakens, it could lead to underutilized capacity and lower earnings.
* Pricing: TSMC's pricing power is a key factor in its profitability. If TSMC is forced to lower prices due to competition or other factors, it could hurt its earnings.
* Costs: TSMC's costs are also important. Rising costs of materials, labor, or other expenses could squeeze its profit margins.
* Geopolitical factors: TSMC is a Taiwanese company, and geopolitical tensions between Taiwan and China could disrupt its operations or supply chain.
$Taiwan Semiconductor Manufacturing(TSM)$
looking at the pnf chart, its uptrend is intact. the generative ai rally has just begun and it is normal for healthy pull backs. a long pole of crosses (x) up is not stable. if Israel's response leads to increasing tensions then tsmc might retreat to 139.
$NVIDIA Corp(NVDA)$ is the leader of the generative ai rally. its pnf too does not show a reversal of trend yet. it would also retreat to 728 if tensions in the middle east worsens.
do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.
merci@TigerStars @TigerWire @koolgal @Asphen
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