Taiwan Semiconductor (TSMC) (2330) Earnings: September Sales Surge by 39.6% Year-on-Year

Taiwan Semiconductor (TSMC) on Smartkarma

Analysts on Smartkarma have varied views on Taiwan Semiconductor (TSMC) as per the latest research reports. Tech Supply Chain Tracker discusses the Security Summit’s coverage of TSMC and government cyber security measures, emphasizing the significance of data protection. Meanwhile, Steven Holden highlights caution among investors as GEM funds shift to underweight, leading to a 15-year low in net underweight position. On the bullish side, Patrick Liao anticipates around 10% quarter-over-quarter growth in 4Q24 for TSMC, driven by adjustments in wafer quotations to meet demands from US, Taiwan, and Japan clients.

Additionally, William Keating explores TSMC Foundry 2.0, revealing a strategic shift that more than doubles the company’s addressable market and resets its market share to 28%. This move is seen as a response to the changing dynamics of the semiconductor industry, with a focus on increasing outsourcing and new joint ventures to capture a larger market share beyond the traditional foundry market.

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

Looking ahead for Taiwan Semiconductor Manufacturing Company (TSMC), the Smartkarma Smart Scores paint a promising picture for the long-term outlook. With a standout Growth score of 4, TSMC is positioned well for expansion and development in the semiconductor market. The company also demonstrates strong Resilience and Momentum, scoring 4 in both categories. This indicates that TSMC has the ability to weather challenges and maintain its positive trajectory in the industry.

In terms of Value and Dividend, TSMC holds steady scores of 2, suggesting that while it may not currently be undervalued or a high dividend-yielding stock, its growth potential and resilience are the key factors to watch. Taiwan Semiconductor Manufacturing Company, Ltd. is a leading player in the integrated circuits market, offering a range of services from wafer manufacturing to design services. Its products cater to diverse industries such as computer, communication, consumer electronics, automotive, and industrial equipment, underpinning its position as a key player in the semiconductor industry.

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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