[Stock Prediction] How will TSMC close on Thursday, July 18, following their earnings?

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07-12

Click to vote. Guess how $Taiwan Semiconductor Manufacturing(TSM)$ will close on Thursday, July 18, following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.

$Taiwan Semiconductor Manufacturing(TSM)$ is set to share its financial performance for the second quarter of 2024 before the bell on July 18, 2024. With AI-related demand surging and expectations for chip price increases, Wall Street is optimistic about TSMC's earnings growth. Market forecasts predict Q2 revenue will reach $20.5 billion, and by 2025, the gross profit margin is expected to significantly rise to 58%.

For more information about Banks‘ Earnings Preview, please click TSMC Q2 Earnings Preview: Revenue Jumps on AI Boost, Handily Beats Market Forecasts

💰Event Details

  • Click to vote. Guess where $Taiwan Semiconductor Manufacturing(TSM)$will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.

  • For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins.

  • Reply and forward this post, share your insights about TSMC's financial reports, and you will win 5 Tiger Coins.

⏰Event Duration

  • From 12 July 2024 to 18 July 2024 at 16:00 SGT

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How will TSMC close on Thursday, July 18, following their earnings?(Maximum1 votes)
  • Very Green (more than 10%)(51 votes)
  • Green (5% to 10%)(50 votes)
  • Flat (-5% to 5%)(24 votes)
  • Red (-10% to-5%)(5 votes)
  • Very Red (below-10%)(3 votes)
What's Your Buy-in Price For TSM After Earnings?
TSMC's earnings beat lofty analysts’ estimates on growing AI investments around the world. TSMC rose 4.17% in overnight trading but then lost as the semiconductor sector was hit. ------------- Can TSMC save the semi sector? What is your target price?
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