Earnings Alerts

Taiwan Semiconductor (TSMC) (2330) Earnings: June Sales Surge 33% Y/Y to NT$207.87 Billion

  • TSMC’s sales in June 2024 reached NT$207.87 billion.
  • This represents a 33% increase compared to June of the previous year.
  • Second quarter sales were NT$465.64 billion, a decrease of 3.2% year-over-year.
  • Year-to-date sales stand at NT$1266.15 billion, marking a 28% growth year-over-year.
  • In April, TSMC projected second quarter sales to be between $19.6 billion and $20.4 billion.
  • Analyst ratings for TSMC include 35 buys, 1 hold, and 0 sells.

Taiwan Semiconductor (TSMC) on Smartkarma

Analyst coverage of Taiwan Semiconductor (TSMC) on Smartkarma reveals a positive sentiment from various independent analysts. Vincent Fernando, CFA, in his recent report, highlighted developments such as new Vietnam investments by key players and an optimistic outlook for UMC in the coming quarters.

In another report, Patrick Liao discussed the increasing demand for TSMC’s CoWoS technology in 2024, indicating strong growth prospects for the company. The Tech Supply Chain Tracker also emphasized the potential for further stock price growth for TSMC, driven by rising CoWoS demand and overall market performance.


A look at Taiwan Semiconductor (TSMC) Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.4

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

According to Smartkarma’s Smart Scores, Taiwan Semiconductor (TSMC) is looking at an optimistic long-term outlook. With a growth score of 4, the company is positioned well for future expansion and development. This is further supported by a resilience score of 4, indicating TSMC’s ability to withstand market challenges and maintain stability. Momentum is also strong with a score of 5, suggesting that the company is gaining positive traction in the market.

TSMC’s value and dividend scores both stand at 2, reflecting moderate performance in these areas. Despite this, the company’s strong growth, resilience, and momentum scores paint a promising picture for its future prospects. Specializing in manufacturing integrated circuits for various industries, including computer, communication, and consumer electronics, TSMC’s diverse services make it a key player in the semiconductor 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.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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