Good performance

2022-04-12

Good performance

TSM Q1 Earnings Preview: Maintain Sales and Capital Spending Forecasts for 2022

A parade of earnings reports will expose how companies have contended with soaring inflation, shifts in consumer spending, and a volatile supply environment.

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

gunsonfire
2022-04-12
gunsonfire
Okay

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":9014779107,"tweetId":"9014779107","gmtCreate":1649722067166,"gmtModify":1676534556860,"author":{"id":4095487721533160,"authorId":4095487721533160,"authorIdStr":"4095487721533160","name":"Crafted","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":27,"starInvestorFlag":false},"themes":[{"themeId":"a21d644823d645cda8656fa63825e012","categoryId":"2929bb7468f5415f853fd96fb35d7c3b","name":"Q2 Earnings Season","type":2,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":a21d644823d645cda8656fa63825e012}&rnconfig={\"headerBarHidden\": true}","description":"A parade of earnings reports will expose how companies have contended with soaring inflation, shifts in consumer spending, and a volatile supply environment.","image":"https://community-static.tradeup.com/news/128213ded7ffa4392c063a8794067cb3"}],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Good performance&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Good performance&nbsp;</p></body></html>","text":"Good performance","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9014779107","repostId":1127665270,"repostType":2,"repost":{"id":"1127665270","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1649649174,"share":"https://www.laohu8.com/m/news/1127665270?lang=&edition=full","pubTime":"2022-04-11 11:52","market":"us","language":"en","title":"TSM Q1 Earnings Preview: Maintain Sales and Capital Spending Forecasts for 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1127665270","media":"Tiger Newspress","summary":"Taiwan Semiconductor Manufacturing (TSM), the world's largest chip foundry will report its results f","content":"<html><head></head><body><p>Taiwan Semiconductor Manufacturing (TSM), the world&#39;s largest chip foundry will report its results for the first quarter on April 14th and give guidance for the second quarter.</p><h2>Q1 Sales Hit New High, Beating Guidance</h2><p>In a statement released Friday after the stock market closed, TSMC said it posted consolidated sales of NT$491.08 billion (US$16.99 billion) in the January-March period, up 12.07 percent from a quarter earlier and also up 35.5 percent from the same period a year earlier.</p><p>The results topped TSMC&#39;s first quarter sales guidance of between NT$458.16 billion and NT$474.72 billion, which was made at an investor conference in January.</p><p>Although the first quarter is a traditionally slow period for the global semiconductor industry, TSMC was not affected because of strong demand for high performance computing devices and automotive electronics, analysts said.</p><p>In March alone, TSMC had consolidated sales of NT$171.97 billion, up 17 percent from February due to the increase in working days after the nine-day Lunar New Year holiday ended on Feb. 6.</p><p>The March consolidated sales, the second highest monthly level in history behind January&#39;s NT$172.18 billion, were also up 33.2 percent from a year earlier, according to TSMC.</p><h2>Management Voice:</h2><p>In late March, TSMC Chairman Mark Liu said TSMC has left unchanged its 2022 capital expenditure plan ranging between US$40 billion and US$44 billion, although a lockdown in Shanghai, where TSMC runs a fab, could affect demand for products such as smartphones and TVs.</p><p>Liu said TSMC has also maintained a forecast of a 25-29 percent increase in sales for 2022.</p><p>TSMC has kept production running in China, even as many other factories suspended operations to cope with the local pandemic policy. The chip assembler said in end-March that it will rearrange production priorities to deal with a shift in demand caused by Covid restrictions in Shanghai and Shenzhen.</p><h2>Analyst Opinions:</h2><p>TSMC’s inventory strategy on key materials such as silicon wafers and industrial gases will be a key focus at the 1Q results briefing, as rising geopolitical tension and slow global wafer capacity gains keep the supply picture foggy.</p><p>Demand for mobile phones, smart televisions and other gadgets from makers such as Apple Inc. and Samsung Electronics Co. remains robust even as consumers in major markets in Europe and the U.S. exit pandemic-era lockdowns and work-from-home arrangements. Meanwhile a chip shortage is yet to ease -- the wait times for semiconductor delivery grew again in March due to China’s Covid lockdowns and a Japan earthquake that hit production, according to research by Susquehanna Financial Group.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TSM Q1 Earnings Preview: Maintain Sales and Capital Spending Forecasts for 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\nTSM Q1 Earnings Preview: Maintain Sales and Capital Spending Forecasts for 2022\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\">2022-04-11 11:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Taiwan Semiconductor Manufacturing (TSM), the world&#39;s largest chip foundry will report its results for the first quarter on April 14th and give guidance for the second quarter.</p><h2>Q1 Sales Hit New High, Beating Guidance</h2><p>In a statement released Friday after the stock market closed, TSMC said it posted consolidated sales of NT$491.08 billion (US$16.99 billion) in the January-March period, up 12.07 percent from a quarter earlier and also up 35.5 percent from the same period a year earlier.</p><p>The results topped TSMC&#39;s first quarter sales guidance of between NT$458.16 billion and NT$474.72 billion, which was made at an investor conference in January.</p><p>Although the first quarter is a traditionally slow period for the global semiconductor industry, TSMC was not affected because of strong demand for high performance computing devices and automotive electronics, analysts said.</p><p>In March alone, TSMC had consolidated sales of NT$171.97 billion, up 17 percent from February due to the increase in working days after the nine-day Lunar New Year holiday ended on Feb. 6.</p><p>The March consolidated sales, the second highest monthly level in history behind January&#39;s NT$172.18 billion, were also up 33.2 percent from a year earlier, according to TSMC.</p><h2>Management Voice:</h2><p>In late March, TSMC Chairman Mark Liu said TSMC has left unchanged its 2022 capital expenditure plan ranging between US$40 billion and US$44 billion, although a lockdown in Shanghai, where TSMC runs a fab, could affect demand for products such as smartphones and TVs.</p><p>Liu said TSMC has also maintained a forecast of a 25-29 percent increase in sales for 2022.</p><p>TSMC has kept production running in China, even as many other factories suspended operations to cope with the local pandemic policy. The chip assembler said in end-March that it will rearrange production priorities to deal with a shift in demand caused by Covid restrictions in Shanghai and Shenzhen.</p><h2>Analyst Opinions:</h2><p>TSMC’s inventory strategy on key materials such as silicon wafers and industrial gases will be a key focus at the 1Q results briefing, as rising geopolitical tension and slow global wafer capacity gains keep the supply picture foggy.</p><p>Demand for mobile phones, smart televisions and other gadgets from makers such as Apple Inc. and Samsung Electronics Co. remains robust even as consumers in major markets in Europe and the U.S. exit pandemic-era lockdowns and work-from-home arrangements. Meanwhile a chip shortage is yet to ease -- the wait times for semiconductor delivery grew again in March due to China’s Covid lockdowns and a Japan earthquake that hit production, according to research by Susquehanna Financial Group.</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":"1127665270","content_text":"Taiwan Semiconductor Manufacturing (TSM), the world's largest chip foundry will report its results for the first quarter on April 14th and give guidance for the second quarter.Q1 Sales Hit New High, Beating GuidanceIn a statement released Friday after the stock market closed, TSMC said it posted consolidated sales of NT$491.08 billion (US$16.99 billion) in the January-March period, up 12.07 percent from a quarter earlier and also up 35.5 percent from the same period a year earlier.The results topped TSMC's first quarter sales guidance of between NT$458.16 billion and NT$474.72 billion, which was made at an investor conference in January.Although the first quarter is a traditionally slow period for the global semiconductor industry, TSMC was not affected because of strong demand for high performance computing devices and automotive electronics, analysts said.In March alone, TSMC had consolidated sales of NT$171.97 billion, up 17 percent from February due to the increase in working days after the nine-day Lunar New Year holiday ended on Feb. 6.The March consolidated sales, the second highest monthly level in history behind January's NT$172.18 billion, were also up 33.2 percent from a year earlier, according to TSMC.Management Voice:In late March, TSMC Chairman Mark Liu said TSMC has left unchanged its 2022 capital expenditure plan ranging between US$40 billion and US$44 billion, although a lockdown in Shanghai, where TSMC runs a fab, could affect demand for products such as smartphones and TVs.Liu said TSMC has also maintained a forecast of a 25-29 percent increase in sales for 2022.TSMC has kept production running in China, even as many other factories suspended operations to cope with the local pandemic policy. The chip assembler said in end-March that it will rearrange production priorities to deal with a shift in demand caused by Covid restrictions in Shanghai and Shenzhen.Analyst Opinions:TSMC’s inventory strategy on key materials such as silicon wafers and industrial gases will be a key focus at the 1Q results briefing, as rising geopolitical tension and slow global wafer capacity gains keep the supply picture foggy.Demand for mobile phones, smart televisions and other gadgets from makers such as Apple Inc. and Samsung Electronics Co. remains robust even as consumers in major markets in Europe and the U.S. exit pandemic-era lockdowns and work-from-home arrangements. Meanwhile a chip shortage is yet to ease -- the wait times for semiconductor delivery grew again in March due to China’s Covid lockdowns and a Japan earthquake that hit production, according to research by Susquehanna Financial Group.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":15,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":101146336,"gmtCreate":1649751018525,"gmtModify":1663246588053,"authorId":3582251522172350,"author":{"id":3582251522172350,"authorId":3582251522172350,"name":"gunsonfire","avatar":"https://static.tigerbbs.com/6b74c7a33fa03de37c4879761460f702","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9014779107,"type":1,"supId":0,"prevId":0,"content":"Okay","text":"Okay","html":"Okay","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9014779107"}