Will TSMC Earnings Save The Techs?

CoolCashClips
07-18

$Taiwan Semiconductor Manufacturing(TSM)$ is releasing the Q2 earnings on July 18, with high market consensus of accelerating revenue and profits.

Will it step up the $ASML Holding NV(ASML)$ ‘s plunge, or save the whole tech stocks from the declining?

TSM Enters $1Trln Club: Does the Foundry Has Potential to Double Again?
TSM's net profit rise to T$325.3 billion ($10.11 billion), beating the estimate of T$300.2 billion. Prompted by the stellar earnings, TSMC entered $1trln market club and hit $212. So far, the stock nearly doubled in 2024. -------------- Will the foundry giant has potential to double again? Will you take profit or chase high?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • NatalieTommy
    07-18
    NatalieTommy
    Let's see! [Thinking] [Observation]
  • Sr1000
    07-18
    Sr1000
    Looks like not
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