Earnings Alerts

Taiwan Semiconductor (TSMC) (2330) Earnings: May Sales Surge 30% Y/Y to NT$229.62B

  • May Sales: TSMC reported sales of NT$229.62 billion for May 2024.
  • Year-over-Year Growth: This figure represents a 30% increase compared to NT$176.54 billion in May 2023.
  • Year-to-Date Sales: Total sales for the year to date have reached NT$1.06 trillion.
  • Analyst Ratings: The company has received 35 buy ratings, 1 hold rating, and 0 sell ratings.
  • Historical Comparisons: All comparisons are made using values reported in the company’s original disclosures.

Taiwan Semiconductor (TSMC) on Smartkarma

Analyst coverage of Taiwan Semiconductor (TSMC) on Smartkarma reveals contrasting sentiments from top independent analysts. In a bullish report by William Keating, TSMC’s April revenue soared by 59.6% year-over-year to approximately NT$236.02 billion, marking the company’s second-highest monthly revenue ever.

On the other hand, a bearish sentiment prevails in reports by Tech Supply Chain Tracker, with insights highlighting challenges in the industry. From concerns about innovation in chips, battery production advancements, to the impact of price wars on EVs and smart driving tech, the landscape for TSMC and its peers appears complex and dynamic.


A look at Taiwan Semiconductor (TSMC) Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.2

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) has a promising long-term outlook. With a growth score of 4, the company is positioned well for expansion and development in the semiconductor industry. Additionally, TSMC scores high in resilience and momentum, with both factors rated at 4, indicating stability and positive market performance.

TSMC’s value and dividend scores stand at 2, suggesting moderate performance in these areas. Overall, Taiwan Semiconductor Manufacturing Company, Ltd. is recognized for its production and marketing of integrated circuits used across various industries, including technology, automotive, and consumer electronics.


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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