1PC
01-13 23:37
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TSMC & ASML Pop On Earnings: AI Cycle Accelerates? Hold Longer?
TSMC and ASML jump after the company delivered a strong earnings beat. Net profit jumped 35% YoY to T$505.7B, well above market expectations, while Q4 revenue climbed 20.5% YoY to T$1.05T. In U.S. dollar terms, revenue reached $33.7B, up 25.5% YoY, underscoring resilient AI-driven demand. EPS rose to T$19.50, reinforcing TSMC’s role as a core beneficiary of the global AI buildout. After a strong earnings beat, can AI demand keep TSMC’s growth momentum intact into 2026? With margins and profits accelerating, is the market still underpricing TSMC’s AI exposure?
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