Hooray Looks like my predictio-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Hooray Looks like my prediction was on point! TSMC is to be the only chip fab currently supporting Apple, Nvidia, and AMD with their AI chip production. ASML's recent stock price decline, but it won't contribute to TSMC's growth. I am bullish in TSMC future.

TSMC Shares Rise over 3% Premarket As Q1 Profit Rises 9%, Beats Market Expectations

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Comments

Hilliton324
04-19
Hilliton324
TSMC being the sole chip fab supporting those tech giants is huge.
- Success88:
  Great insight
MayGodwin
04-19
MayGodwin
While ASML's stock may dip, TSMC's dominance is undeniable.
- Success88:
  True

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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 Shares Rise over 3% Premarket As Q1 Profit Rises 9%, Beats Market Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-04-18 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications.</p><p>TSMC shares rose over 3% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0fca5e4a8d543fa05949e75d13cc0237\" tg-width=\"820\" tg-height=\"625\"/></p><p>Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , the world&#39;s largest contract chipmaker and a major Apple Inc and Nvidia supplier, 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 saw January-March net profit rise to T$225.5 billion ($6.98 billion) from T$206.9 billion a year earlier.</p><p>The profit beat a T$218.1 billion LSEG SmartEstimate by T$7.4 billion, which is weighted toward forecasts from analysts who are more consistently accurate.</p><p>TSMC, Asia&#39;s most valuable listed company, said first-quarter revenue rose 13% year-on-year to $18.87 billion, better than the company&#39;s previous forecast of $18 billion to $18.8 billion. The company last week announced first quarter revenue in Taiwan dollars, coming in at T$592.64 billion.</p><p>Capital expenditure in the first quarter was $5.77 billion, TSMC said, compared with $5.24 billion in the fourth quarter of 2023.</p><p>TSMC&#39;s Taipei-listed shares have surged 36% so far this year. The stock was flat on Thursday ahead of the results versus a 0.4% gain for the benchmark index.</p><h2 id=\"id_3408097843\">2Q24 Guidance</h2><p>Based on our current business outlook, management expects:</p><p>◼ Revenue to be between US$19.6 billion and US$20.4 billion</p><p>And, based on the exchange rate assumption of 1 US dollar to 32.3 NT dollars, management expects:</p><p>◼ Gross profit margin to be between 51% and 53%</p><p>◼ Operating profit margin to be between 40% and 42%</p><p>On Wednesday, ASML, the largest supplier of equipment to computer chip makers like TSMC, reported weaker than expected first-quarter new bookings, though sales to China held up despite U.S.-led restrictions.</p><p>($1 = 32.3190 Taiwan dollars)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118653812","content_text":"Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications.TSMC shares rose over 3% in premarket trading.Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , the world's largest contract chipmaker and a major Apple Inc and Nvidia supplier, 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 saw January-March net profit rise to T$225.5 billion ($6.98 billion) from T$206.9 billion a year earlier.The profit beat a T$218.1 billion LSEG SmartEstimate by T$7.4 billion, which is weighted toward forecasts from analysts who are more consistently accurate.TSMC, Asia's most valuable listed company, said first-quarter revenue rose 13% year-on-year to $18.87 billion, better than the company's previous forecast of $18 billion to $18.8 billion. The company last week announced first quarter revenue in Taiwan dollars, coming in at T$592.64 billion.Capital expenditure in the first quarter was $5.77 billion, TSMC said, compared with $5.24 billion in the fourth quarter of 2023.TSMC's Taipei-listed shares have surged 36% so far this year. The stock was flat on Thursday ahead of the results versus a 0.4% gain for the benchmark index.2Q24 GuidanceBased on our current business outlook, management expects:◼ Revenue to be between US$19.6 billion and US$20.4 billionAnd, based on the exchange rate assumption of 1 US dollar to 32.3 NT dollars, management expects:◼ Gross profit margin to be between 51% and 53%◼ Operating profit margin to be between 40% and 42%On Wednesday, ASML, the largest supplier of equipment to computer chip makers like TSMC, reported weaker than expected first-quarter new bookings, though sales to China held up despite U.S.-led restrictions.($1 = 32.3190 Taiwan dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":730,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NVDA","AMD"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":214,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":296850552733840,"gmtCreate":1713510796881,"gmtModify":1713517962486,"authorId":3479274796523485,"author":{"id":3479274796523485,"authorId":3479274796523485,"name":"Hilliton324","avatar":"https://static.laohu8.com/picture146","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":296515478757576,"type":1,"supId":0,"prevId":0,"content":"TSMC being the sole chip fab supporting those tech giants is huge.","text":"TSMC being the sole chip fab supporting those tech giants is huge.","html":"TSMC being the sole chip fab supporting those tech giants is huge.","likeSize":0,"commentSize":1,"subComments":[{"id":296936087380144,"gmtCreate":1713517989258,"gmtModify":1713517993966,"authorId":4101948424484190,"author":{"id":4101948424484190,"authorId":4101948424484190,"name":"Success88","avatar":"https://static.itradeup.com/news/4408e1a22d73e99adb53aa65dde8ad91","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 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"}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":296850530992304,"gmtCreate":1713510792187,"gmtModify":1713517963291,"authorId":9000000000000486,"author":{"id":9000000000000486,"authorId":9000000000000486,"name":"MayGodwin","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":296515478757576,"type":1,"supId":0,"prevId":0,"content":"While ASML's stock may dip, TSMC's dominance is undeniable.","text":"While ASML's stock may dip, TSMC's dominance is undeniable.","html":"While ASML's stock may dip, TSMC's dominance is 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