Taiwan Semiconductor Manufacturing Co. shares delivered their best one-day percentage rise since July 2020, as upbeat October sales growth boosted investor confidence in the Taiwan chip maker’s resilience amid an Read more
Tag: Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Taiwan Semi slumps after reported diss of U.S. chip efforts, analog-chip downgrades also drag on semiconductor sector
Chip stocks lagged behind the broader market Monday following a report that Taiwan’s fabrication industry is pessimistic about U.S. efforts to lessen its reliance on foreign capacity, along with a Read more
Here’s the history of countertrend rallies — and why one strategist expects more false starts
It’s been a nice few days for the stock market, with the S&P 500 SPX, -0.60% rising three of the last four sessions, including 4% over just the last two Read more
Taiwan Semi weighs expansion in Japan to reduce geopolitical risk
TOKYO—Taiwan Semiconductor Manufacturing Co. is considering expanding its production capacity in Japan, people familiar with the matter said, in what would be a move by the world’s largest contract chip Read more
Taiwan Semi rallies as exposure to China restrictions minimal, capital spending cut
Taiwan Semiconductor Manufacturing Co. injected some much needed optimism into the chip sector Thursday, after the third-party silicon-wafer fabricator reported results and an outlook that indicated the market wasn’t in Read more
Taiwan Semi reports stronger-than-forecast profit
Third-party silicon-wafer manufacturer reported Taiwan Semiconductor Manufacturing Co. reported a stronger-than-forecast 80% increase in profit for the third quarter. The chipmaker said earnings rose to NT$281 billion from NT$156 billion. TSMC Read more
Semiconductor stocks have been hit hard, but many are poised for rapid growth. Here are 15 expected to shine through 2024
In December, we listed analysts’ favorite semiconductor stocks for 2022. That hasn’t turned out well. But after chipmakers’ stocks have been hammered, the group is now trading at “normal-level valuations,” Read more
Taiwan Semi shares rise after earnings, sales beat forecasts
Shares of Taiwan Semiconductor Manufacturing Co. rose on Thursday after the third-party silicon wafer manufacturer reported forecast-beating earnings and sales in its June-ending quarter. TSMC TSM, +2.77% 2330, +0.96% reported Read more