Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

TSMC's Expansion Strategy: New Plants and Rising AI Demand Shape Future Growth

TSMC July Revenue Surges 44.7% YoY, Sets A New Record Monthly High

Taiwan Semiconductor (TSMC): How Will They Deal With The Strained Production Capacity & Geopolitical Risks & Regulatory Pressures? - Major Drivers

Top 10 Mega Caps | Artificial Intelligence, Mint Finance

Uttkarsh Kohli

Top 10 Mega Caps | Artificial Intelligence

Equity Bottom-Up

Taiwan Semiconductor Co. / Equity Bottom-Up

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<li>TSMC's July 2024 revenue reached NT$256.95 billion, up 23.6% MoM and 44.7% YoY. Year-to-date revenue grew by 30.5% to NT$1.52 trillion, driven by strong orders from Apple, Intel, and Nvidia. </li>
<li>TSMC forecasts Q3 revenue of $22.4-23.2 billion, anticipating over 25% full-year growth. July revenue already at 35% of Q3 estimates. Analysts advise against assuming these results for the entire quarter.</li>
<li>TSMC is capitalizing on AI and mobile demand, with analysts maintaining an "Outperform" rating with average upside of 14%, noting potential growth from 5G, HPC, and automotive sectors.</li>
</ul>


TSMC's July 2024 revenue reached NT$256.95 billion, up 23.6% MoM and 44.7% YoY. Year-to-date revenue grew by 30.5% to NT$1.52 trillion, driven by strong orders from Apple, Intel, and Nvidia. 
TSMC forecasts Q3 revenue of $22.4-23.2 billion, anticipating over 25% full-year growth. July revenue already at 35% of Q3 estimates. Analysts advise against assuming these results for the entire quarter.
TSMC is capitalizing on AI and mobile demand, with analysts maintaining an "Outperform" rating with average upside of 14%, noting potential growth from 5G, HPC, and automotive sectors.


TSMC's July Revenue Hits Record NT$256.95 Billion, Boosted by AI Servers and IPhone 16 Demand