Leadership Changes and Expansion:
A smooth transition is underway with the appointment of Dr. Y.J. Mii as the new R&D head, succeeding the retiring Dr. Liang Mong-song.
The recent JASM facility opening in Japan expands TSMC's global footprint, meeting the surging demand for cutting-edge chips.
Embracing the AI Boom:
TSMC's increased production of CoWoS packaging caters to the rising demand for powerful AI GPUs from industry giants like Nvidia and AMD. This signifies their commitment to supporting the development of artificial intelligence.
Looking Back and Forward:
The company recently reported its January 2024 revenue and Q4 2023 EPS, providing valuable insights into their financial performance.
TSMC's chairman, Mark Liu, is expected to step down in June 2024. The board will need to address this leadership change and its potential impact.
Geopolitical tensions remain a potential concern, but TSMC's strong fundamentals and strategic focus position them well for continued growth.
Fueled by Future Demand:
The anticipated increase in demand for:
AI computer chips: As AI technology continues to revolutionize various industries, TSMC is well-positioned to meet the growing demand for powerful and efficient AI processing chips.
Chips for AI Apple devices: As Apple continues to integrate AI features into its products, TSMC's partnership with them could be a significant driver of future growth.
While the stock is currently undergoing a correction, the long-term outlook for TSMC remains optimistic. Their dedication to innovation, strategic investments, and focus on key growth areas like AI position them to further solidify their position as a leader in the global semiconductor landscape.
@MillionaireTiger @TigerEvents @TigerStars @Tiger_SG
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.
- Alex Tan·03-04AI is the futureLikeReport
- KSR·03-04👍LikeReport