re-stocking demand "may" pick

1
Comment
Favorite

re-stocking demand "may" pick up... the keyword is "may". Then what about profit margins?

TSMC's Q4 Profit to Slide 23%, Focus on Rebounding Demand This Year

Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back of rebounding demand.The likel

TSMC's Q4 Profit to Slide 23%, Focus on Rebounding Demand This Year

# Semis Sector

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.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":263705467031712,"tweetId":"263705467031712","gmtCreate":1705385067612,"gmtModify":1705385072488,"author":{"id":3559859558754319,"authorId":3559859558754319,"authorIdStr":"3559859558754319","name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.54%","individualDisplayEnabled":0},"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[{"themeId":"95e3e7595ac2407d82a2e646db9ba6e0","categoryId":"2929bb7468f5415f853fd96fb35d7c3b","name":"Semis Sector","type":2,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":95e3e7595ac2407d82a2e646db9ba6e0}&rnconfig={\"headerBarHidden\": true}","description":"Latest trend in semiconductor industry.","image":"https://community-static.tradeup.com/news/7ca2cfc0677608c4b9b8330243cca62b"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>re-stocking demand \"may\" pick up... the keyword is \"may\". Then what about profit margins?</p></body></html>","htmlText":"<html><head></head><body><p>re-stocking demand \"may\" pick up... the keyword is \"may\". Then what about profit margins?</p></body></html>","text":"re-stocking demand \"may\" pick up... the keyword is \"may\". Then what about profit margins?","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/263705467031712","repostId":2403700207,"repostType":4,"repost":{"id":"2403700207","pubTimestamp":1705381452,"share":"https://www.laohu8.com/m/news/2403700207?lang=&edition=full","pubTime":"2024-01-16 13:04","market":"us","language":"en","title":"TSMC's Q4 Profit to Slide 23%, Focus on Rebounding Demand This Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2403700207","media":"StreetInsider","summary":"Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back of rebounding demand.The likel","content":"<html><head></head><body><p>Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back of rebounding demand.</p><p>The likely decline in profit also reflects a strong performance in 2022, when the company, whose customers include Apple and Nvidia, was still riding high on pent-up post-pandemic demand.</p><p>The world&#39;s largest contract chipmaker is set to report net profit of T$226.4 billion ($7.21 billion) for the October to December period - its third straight quarter of profit decline, according to an LSEG SmartEstimate drawn from 20 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate.</p><p>That compares to the year-earlier net profit of T$295.9 billion.</p><p>Revenue in the final three months of last year came in at T$625.5 billion ($20.10 billion), according to Reuters calculations from TSMC data released last week, compared with $19.93 billion in the year-earlier period, but that still beat both the company&#39;s and market&#39;s expectations.</p><p>Global demand for semiconductors began to weaken in the second half of 2022, but analysts say inventories at smartphone and computer makers are running down and restocking demand is expected to pick up.</p><p>Given that, much of Thursday&#39;s focus will be on TSMC&#39;s outlook for this year.</p><p>Fubon Securities analysts said that having previously expressed concern for TSMC&#39;s first quarter outlook, they now believed Apple wafer demand remains &#34;steady in the short term&#34;.</p><p>&#34;Although there will be seasonal slowdown in 1Q24, which is widely known by the market, we have not seen additional order cuts.&#34;</p><p>KGI Securities analysts said they expected first quarter sales to outperform typical slow season seasonality and that for the full year it saw mid-20% top-line growth in U.S. dollar terms due to demand recovery and silicon content driven by 5G and high performance computing applications.</p><p>The AI boom has helped drive up the price of shares in Asia&#39;s most valuable company, with TSMC&#39;s Taipei-listed stock having surged 32% in 2023, compared with a 27% gain for the broader market.</p><p>TSMC is due to report at 0600 GMT on Thursday.</p><p>($1 = 31.4220 Taiwan dollars)</p></body></html>","source":"highlight_streetinsider","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>TSMC's Q4 Profit to Slide 23%, Focus on Rebounding Demand This Year</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\">\nTSMC's Q4 Profit to Slide 23%, Focus on Rebounding Demand This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-16 13:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=22630752><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back of rebounding demand.The ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=22630752\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"https://www.streetinsider.com/dr/news.php?id=22630752","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2403700207","content_text":"Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back of rebounding demand.The likely decline in profit also reflects a strong performance in 2022, when the company, whose customers include Apple and Nvidia, was still riding high on pent-up post-pandemic demand.The world's largest contract chipmaker is set to report net profit of T$226.4 billion ($7.21 billion) for the October to December period - its third straight quarter of profit decline, according to an LSEG SmartEstimate drawn from 20 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate.That compares to the year-earlier net profit of T$295.9 billion.Revenue in the final three months of last year came in at T$625.5 billion ($20.10 billion), according to Reuters calculations from TSMC data released last week, compared with $19.93 billion in the year-earlier period, but that still beat both the company's and market's expectations.Global demand for semiconductors began to weaken in the second half of 2022, but analysts say inventories at smartphone and computer makers are running down and restocking demand is expected to pick up.Given that, much of Thursday's focus will be on TSMC's outlook for this year.Fubon Securities analysts said that having previously expressed concern for TSMC's first quarter outlook, they now believed Apple wafer demand remains \"steady in the short term\".\"Although there will be seasonal slowdown in 1Q24, which is widely known by the market, we have not seen additional order cuts.\"KGI Securities analysts said they expected first quarter sales to outperform typical slow season seasonality and that for the full year it saw mid-20% top-line growth in U.S. dollar terms due to demand recovery and silicon content driven by 5G and high performance computing applications.The AI boom has helped drive up the price of shares in Asia's most valuable company, with TSMC's Taipei-listed stock having surged 32% in 2023, compared with a 27% gain for the broader market.TSMC is due to report at 0600 GMT on Thursday.($1 = 31.4220 Taiwan dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"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":76,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}