- TSMC’s sales for September were NT$180.43 billion, a decrease of 13% year over year.
- The September sales also showed a 4.4% decrease month over month.
- The company’s third quarter sales were approximately NT$546.7 billion, marking an 11% decrease year over year.
- In July, TSMC had forecasted 3Q sales of $16.7 billion to $17.5 billion.
- The year-to-date sales for the company stand at NT$1.54 trillion, which is a 6.2% decrease from the previous year.
- The company’s stock has 35 buys, 2 holds, and no sells.
- A conference call is scheduled for October 19 at 2 p.m. Taipei time.
- All comparisons to past results are based on values reported by the company in its original disclosures.
Taiwan Semiconductor (TSMC) on Smartkarma
Smartkarma’s independent analysts have been publishing research on Taiwan Semiconductor (TSMC), with a variety of sentiments. Patrick Liao‘s report forecasts a higher rebound in 2023F for TSMC, with a GM expected to decrease by 2-3% but a policy to add up at least 2%. Vincent Fernando, CFA‘s insights on Taiwan Tech Weekly reported strong results from Elan Microelectronics and ChipMOS, and discussed the bans on investment into Chinese high tech industries. His other report on Taiwan Tech Weekly discussed wave of Taiwan earnings, plus AMD and Apple, and AI accelerating DRAM and PC recovery. Baptista Research gave a ‘Hold’ rating with a revised target price, and William Keating‘s report on TSMC discussed fabless inventory issues dampening the slope of H2’23 recovery and AI-related hardware reaching 6% of revenues in 2023.
A look at Taiwan Semiconductor (TSMC) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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
Taiwan Semiconductor (TSMC) is a leading integrated circuit manufacturer that provides wafer manufacturing, wafer probing, assembly and testing, mask production, and design services. It is used in many industries, including computer, communication, consumer electronics, automotive, and industrial equipment. According to Smartkarma Smart Scores, TSMC’s long-term outlook is promising. It has scored 4 in both growth and resilience, indicating the company’s potential to stay competitive in the long run. Additionally, its momentum score of 3 shows that the company is likely to maintain its current market position. Despite the company’s value and dividend scores being low at 2, TSMC’s overall outlook is positive.
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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