Semiconductor Stocks Poised for a Power Surge: Earnings on the Horizon
While the broader market might be having its share of hiccups lately, the semiconductor stocks are shining bright. With earnings releases just around the corner, let's dive into what you can expect and whether these chip giants are set to boost their performance.
$ASML Holding NV(ASML)$ : Get ready for some fireworks. ASML's earnings are poised for a meteoric rise, and here's why. They're the backbone of the semiconductor industry, providing lithography equipment crucial for making advanced chips. As demand for cutting-edge technology continues to surge, ASML's revenue is expected to soar, which could set the stage for a stellar earnings report. Their earnings might not just boost their own performance; they could give the entire semiconductor sector a much-needed jolt.
$Taiwan Semiconductor Manufacturing(TSM)$ is another heavyweight in the game, and their earnings forecast is looking strong. With their technology leading the way in the manufacturing of semiconductor wafers, they're the go-to for some of the biggest names in tech. As demand for their services continues to grow, TSMC's earnings should follow suit, further fortifying the semiconductor sector's resilience amidst the broader market's volatility.
$Philadelphia Semiconductor Index(SOX)$
$Semiconductor Bull 3X Shares(SOXL)$
$Semiconductors Bear 3X Shares(SOXS)$
Semiconductor Sector Index, has been on a tear. If you're a bear, SOXS is the ticket, and if you're feeling bullish, SOXL is your play. The earnings performance of semiconductor stocks ASML and TSMC will undoubtedly have a ripple effect on these ETFs, making them intriguing picks for investors looking to capitalize on the sector's strength.
In a market that's been anything but predictable, the semiconductor stocks continue to be a beacon of hope. Earnings reports are often the catalyst for market moves, and with ASML and TSMC leading the charge, we're likely to see a boost in their own performance and potentially a domino effect on the entire semiconductor sector. So, keep your eyes on these stocks, because when the chips are down, they might just prove to be your ace in the hole.
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I think the bottom is in for ASML. I have been adding incrementally into the weakness since earnings, and have been buying in bigger and bigger chunks between 560-590. Very cheap, relative to history, valuation right here.
These days the great technology hype is AI. However the brightest 💡💡 are in the far east. Once they start using AI to print chips, goodbye ASML. AI print chip, and you see a chip printed before your eyes.
I’m confused. I thought that you had to be an American company to get listed on the S&P 500. For example, if they are listed, why isn’t TSM listed?
For LCID and TSM I would buy 1% more stock for every 3% it drops, and sell 1% of stock for every 2% in goes up. Do that weekly or monthly.
Asml is big tech. You don't put all your eggs in one basket.