Earnings Analysis: Taiwan Semiconductor (TSMC) (2330) Reports Impressive 60% Yearly Sales Increase in April

Taiwan Semiconductor (TSMC) on Smartkarma

Analyzing the analyst coverage of Taiwan Semiconductor (TSMC) on Smartkarma reveals valuable insights from top independent experts. Baptista Research‘s report highlights significant Artificial Intelligence (AI) opportunities and the promising future ahead for TSMC. Despite a 5.3% sequential revenue decrease in Q1 2024 due to smartphone seasonality, TSMC showcased a strong gross margin of 53.1% and increased operating margin of 42%.

William Keating‘s analysis sheds light on TSMC’s performance in Q1 2024, where a minor adjustment in forecasts triggered a market response leading to an 8% decline in stock value. On the other hand, Patrick Liao‘s research focuses on TSMC’s sales outlook and long-term gross margin strategy. Andrew Lu‘s report delves into TSMC’s investor conference insights, emphasizing revisions in semiconductor sales growth and highlighting key industry trends. Additionally, William Keating discusses TSMC securing US CHIPS Act funding, underlining their competitive edge against Intel.

A look at Taiwan Semiconductor (TSMC) Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Taiwan Semiconductor (TSMC) shows a promising outlook for the long term. With a Growth score of 4 and a Resilience score of 4, the company is positioned well for future expansion while demonstrating strong stability in the face of market challenges. Additionally, TSMC’s Momentum score of 5 indicates a positive trend in the company’s performance, reflecting potential for continued growth in the foreseeable future.

Taiwan Semiconductor Manufacturing Company, Ltd. is a leading player in the integrated circuits industry, offering a range of services from wafer manufacturing to design services. Its ICs cater to various sectors such as computer, communication, consumer electronics, automotive, and industrial equipment industries. With a balanced set of Smart Scores, TSMC appears to be on a solid path for sustainable growth and resilience in the competitive market.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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