- TSMC’s net income in the third quarter reached NT$325.3 billion, marking a 54% increase year-over-year and surpassing the estimated NT$299.3 billion.
- The gross margin improved to 57.8% compared to 53.2% in the previous quarter, exceeding the expectation of 54.8%.
- Operating profit was reported at NT$360.77 billion, a 58% rise year-over-year, outpacing the projected NT$330.82 billion.
- The operating margin climbed to 47.5%, up from 42.5% in the previous quarter, and above the estimated 44.6%.
- Sales were NT$759.69 billion, representing a 39% increase year-over-year and surpassing the expected NT$751.06 billion.
- Capital expenditure for the first nine months amounted to $18.53 billion.
- There were 38 buys, 1 hold, and 0 sells in recent analyses.
Taiwan Semiconductor (TSMC) on Smartkarma
Analyst coverage of Taiwan Semiconductor (TSMC) on Smartkarma provides valuable insights for investors. Nicolas Baratte‘s bullish analysis titled “How Big Is the AI Accelerator Market?” projects significant growth potential, with expected increases in AI Accelerators market value based on TSMC CoWoS capacity. However, Baratte’s bearish report “Tech News This Week. TSMC and Samsung” raises concerns over Intel’s potential shift away from AI Accelerator technology. Additionally, the analysis “TSMC, UMC Monthly Sales” by Baratte highlights strong AI demand, but plateauing growth in other tech sectors, affecting TSMC’s monthly sales trends.
William Keating‘s optimistic view in the report “TSMC Q324 Earnings Preview” anticipates strong financial performance for TSMC, with notable year-over-year revenue growth and positive forecasts for FY2024 revenues. On the contrary, the Tech Supply Chain Tracker‘s bearish outlook in the analysis “Tech Supply Chain Tracker (28-Sep-2024)” emphasizes cybersecurity challenges faced by TSMC and the importance of strategic planning amidst technological advancements in semiconductor manufacturing. This diverse analyst coverage on Smartkarma offers a comprehensive perspective on the opportunities and risks associated with investing in Taiwan Semiconductor.
A look at Taiwan Semiconductor (TSMC) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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
Based on the Smartkarma Smart Scores, Taiwan Semiconductor (TSMC) is positioned for a positive long-term outlook. With a strong momentum score of 5, the company’s stock shows promising growth potential in the future. Additionally, TSMC scores well in both growth and resilience, with scores of 4 for each category, highlighting its ability to adapt to market changes and sustain growth over time.
While the value and dividend scores stand at 2, indicating moderate performance in these areas, the overall outlook for Taiwan Semiconductor (TSMC) appears favorable. As a leading manufacturer of integrated circuits utilized across various industries, including technology and automotive sectors, TSMC’s consistent performance in key areas positions it well for sustained growth and profitability in the long run.
Summary:
Taiwan Semiconductor Manufacturing Company, Ltd. manufactures and markets integrated circuits. The Company provides services such as wafer manufacturing, testing, mask production, and design. TSMC’s ICs are integral to computer, communication, consumer electronics, automotive, and industrial equipment industries.
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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