TSM Joins the $1 Trillion Market Cap Club: Can It Get Even More Valuable? In a historic moment for the tech industry, Taiwan Semiconductor Manufacturing Company (TSMC), a leading player in the semiconductor sector, has achieved a remarkable milestone: entering the exclusive $1 trillion market capitalization club. The milestone places TSMC in a league with tech giants like Apple, Microsoft, and Alphabet. But now that TSMC has reached this rarefied status, the big question arises: can it get even more valuable? The Road to $1 Trillion TSMC’s journey to a $1 trillion market cap has been driven by its role as the dominant force in the semiconductor manufacturing industry. The company produces advanced chips for some of the world’s most important tech companies, including Apple, NVIDIA, and Qua

$ASML Holding NV(ASML)$ dropped 16% after missing third-quarter earnings and revenue expectations. $NVIDIA Corp(NVDA)$ also struggled, failing to break above $140 and slipping 4.5% on Tuesday. $Advanced Micro Devices(AMD)$ fell 5%, and $Broadcom(AVGO)$ lost 3.47%, while $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ surged 15%.What’s your move—buy more or lock in profits?What are your trading strategies in this volatile chip market?🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to hono

I. Performance and Valuation of Global Equity Indices Data source: Bloomberg, 2024/10/14-2024/10/20, compiled by Tiger Brokers II. Key Market Themes i. The U.S. economy continues to strengthen, and Fed officials suggest a slowdown in rate cuts—can rate cut trades persist? Last week, the U.S. released September retail consumption data, with a month-over-month increase of 0.43%, significantly surpassing market expectations of 0.3%. Excluding gasoline and automobiles, retail sales rose 0.7% month-over-month, with significant increases in the food services and beverage sectors. Additionally, initial jobless claims last week recorded 241,000, better than the market's expected 260,000. At the same time, Fed officials made positive remarks this week. Fed Governor Waller stated, "As long as t

Taiwan Semiconductor Manufacturing Company ( $Taiwan Semiconductor Manufacturing(TSM)$ ) has been a key player in the global semiconductor industry, commanding widespread attention from investors and analysts alike. The company’s upcoming earnings report on October 17, 2024, has ignited discussions on whether it can beat expectations and make a return to its once-glorious $1 trillion market cap. Several factors, including a sharp increase in recent sales and robust demand for AI-driven chip technologies, fuel the optimism surrounding TSMC’s performance. However, a closer look at these signals and the broader semiconductor industry reveals the potential and challenges that could either propel TSMC forward or keep its market value in check. Sales Sur

The $.SPX(.SPX)$ and $.IXIC(.IXIC)$ returned 1.13% and 1.19%, respectively, last week.Major market movers include $NVIDIA Corp(NVDA)$ (+7.91%), $Eli Lilly(LLY)$ (+5.06%), $JPMorgan Chase(JPM)$ (+5.24%), $Uber(UBER)$ (+16.24%), $Wells Fargo(WFC)$ (+7.08%), $Tesla Motors(TSLA)$ (-12.91%), $Alphabet(GOOG)$ (-2.29%), $Meta Platforms, Inc.(META)$ (-1.01%),

Last night, $ASML Holding NV(ASML)$ suffered a severe blow, with its stock plunging 16%, marking its biggest one-day drop in 26 years. In a time when companies like $Broadcom(AVGO)$ and $Taiwan Semiconductor Manufacturing(TSM)$ are hitting all-time highs, how did the dominant lithography machine maker like ASML come crashing down?1.Earnings ShockThis downturn is tied to ASML’s unexpected Q3 earnings report. The company reported new orders of just €2.63 billion, far below analysts’ expectations of €5.39 billion. They also lowered their 2025 revenue guidance from €30 billion-€40 billion to €30 billion - €35 billion and adjusted gross margin expectations down from 54

$Taiwan Semiconductor Manufacturing(TSM)$ is set to hold its Q3 2024 earnings call this Thursday, and the market is optimistic. The primary reason? The robust demand for advanced processes. Major tech companies like $Apple(AAPL)$ $Qualcomm(QCOM)$ $NVIDIA Corp(NVDA)$ $Advanced Micro Devices(AMD)$ have already booked TSMC's 3nm capacity, with orders extending into 2025. On Monday, TSMC's stock hit an intraday all-time high of $194.25, closing at $192.21.3nm Capacity Demand to Skyrocket by 2025The demand for TSMC’s 3nm process is expected to surge in 2025, thanks to the strong demand

TSMC Hits $1 Trillion Market Cap, Setting New Benchmark for Asian Companies On Thursday, $Taiwan Semiconductor Manufacturing(TSM)$   announced a substantial 54% increase in net profit for the September quarter, reaching NT$325.3 billion ($10.1 billion), surpassing expectations. The company also projected fourth-quarter revenues between $26.1 billion and $26.9 billion, exceeding forecasts of $24.9 billion. In the third quarter, revenue from 3-nanometer wafer shipments constituted 20% of the total, while 5-nanometer and 7-nanometer technologies contributed 32% and 17%, respectively. Collectively, advanced technologies, which include 7-nanometer and more sophisticated processes, made up 69% of the total wa

TSMC Earnings Preview | Are Q3 Results and Q4 Guidance Poised to Beat Expectations After September Sales Surprise? $Taiwan Semiconductor Manufacturing(TSM)$  , the world's leading semiconductor foundry, is set to release its 2024 Q3 earnings results on October 17th, ET. The sales report for September, released by the company last week, indicates that the Q3 sales exceeded expectations, with a year-on-year growth of 39% to TWD 759.69 billion ($23.59 billion), surpassing the top end of its guided range of $23.2 billion. Year-to-date, $Taiwan Semiconductor Manufacturing(TSM)$  's total sales have reached TWD 2025.85 billion, representing a

As $Taiwan Semiconductor Manufacturing(TSM)$ eyes a market cap of over $1 trillion, several factors—both internal and external—will influence its future performance.1. External Factors: Competition, Geopolitics, and Economic EnvironmentTSMC is directly tied to the semiconductor industry's health, which is cyclical and subject to significant demand and price fluctuations. While the recovery of the global semiconductor market and growing demand for high-performance computing, smartphones, and AI devices present opportunities, a downturn could negatively impact TSMC's results.Intense competition from firms like $Samsung Electronics Co., Ltd.(SSNLF)$ and $Intel(INTC)$

$NVIDIA Corp(NVDA)$  The dotcom bubble of the late 1990s and early 2000s was characterized by an explosion of internet-based companies, many of which were speculative with little to no profits. The stock market soared on the promise of internet-driven growth, but many of these companies had weak fundamentals, leading to the burst of the bubble in 2000-2001. Stocks in unprofitable tech companies crashed, wiping out massive amounts of market value. Key Differences with AI-driven Market (NVDA, TSM) 1. Stronger Fundamentals: Unlike the dotcom bubble, today’s AI companies like $NVIDIA Corp(NVDA)$  NVIDIA (NVDA) and $Taiwan Semicond

$Taiwan Semiconductor Manufacturing(TSM)$ recently joined the exclusive $1 trillion market cap club, with its stock hitting $212 on the back of strong Q3 2024 earnings. The company reported a net profit of T$325.3 billion ($10.11 billion), exceeding analysts' expectations. Given TSMC’s role as the dominant player in AI chip manufacturing, particularly for clients like Nvidia and Apple, investors are questioning whether the stock can double again or if it’s time to take profits. Fundamentals: A Look at TSMC’s Growth Drivers TSMC’s impressive 36.5% revenue growth year-over-year in Q3 2024 reflects its robust position in the semiconductor industry. A significant chunk of this growth is fueled by the surging demand for AI chips, used in everything from

$Taiwan Semiconductor Manufacturing(TSM)$ just released its third-quarter earnings, and the results are staggering!Revenue and Profit - Revenue hit $23.5 billion, up 36% year-over-year, surpassing the upper end of management's guidance of $23.2 billion.- Gross margin soared to 57.8%, well above the guidance of 55.5%.- Net profit reached a historic $10.06 billion, a huge 50.9% increase, far exceeding analysts' expectations, with a net margin of 42.8%.Unsurprisingly, after this blowout report, TSMC’s stock surged nearly 7% in after-hours trading, breaking the $200 mark.The driving force? AI. In Q3, high-performance computing (HPC) contributed 51% of revenue, growing 11% quarter-over-quarter. Smartphones made up 34% of revenue, increasing 16%. IoT and