Buy Taiwan Semiconductor Manufacturing Stock TSM Stock Price Today & News

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. These returns cover a period from January 1, 1988 through May 15, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

Intel 7 is in high-volume manufacturing, and Meteor Lake on Intel 4 is ramping production wafer starts today for a second-half product launch. Last year, when it was rumored that Apple would begin using N3 process chips by the end of 2022, I pointed out that this was extremely unlikely. In fact, TSMC’s announcement that N3 production had started late in calendar 2022 Q4 seems meaningless in retrospect. Apple’s transition will begin with the next iPhone generation, to be launched this Fall, followed by Mac and other devices. Given Apple’s large volume, this had the potential to leave a large hole in N5 capacity utilization. Likewise, AMD’s transition seems to have left a hole in N7 utilization.

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The fundamental problem in both cases is that Intel could not deliver a competitive process node compared to TSMC’s N5 and N3 nodes in the time frame desired by prospective customers. Qualcomm executives concluded Intel would struggle making the kind of cellphone chips they wanted, even if it succeeded in making high-performance processors. Qualcomm told Intel it was pausing work while it waits for Intel to show progress, according to people involved in the discussions. In early 2022, Intel’s foundry arm sent a delegation to Qualcomm’s San Diego headquarters, where they met with CEO Cristiano Amon.

Therefore, the fabless semiconductor inventory adjustment in first half ’23 is taking longer than our prior expectation. It may extend into the third quarter this year before rebalancing to a healthier level. A slew of economic data from China will be released on Thursday, including its industrial production, retail sales, unemployment rate and home prices for the month of May.

Taiwan Semiconductor Manufacturing Company Info

Looking at the earnings estimate revisions for TSMC, the Zacks Consensus Estimate for the current year has declined 0.1% over the past month to $5.32. Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. “There are more and more people around the world who can make memory chips,” Cain said. “To stay ahead of the game, you’ve got to get into the newer logic technologies.” “Electricity is the lifeblood of a semiconductor fab in a sense,” said Patel of SemiAnalysis.

South Korea’s import and export prices for May will be out on Wednesday alongside its unemployment rate. New Zealand is scheduled to release its first quarter current account print. However, market expectations are that Fed officials will emphasize a commitment to keep inflation at bay and come back with a final rate increase at July’s meeting before going on hold for the rest of the year. The central bank has raised rates 10 times since kicking off its tightening campaign last year. TSMC has acknowledged that it has more demand for N3 than it can supply.

TSM Stock Rating

The shares are up 28% this year and hit a 52-week high on June 5, on the Korea Stock Exchange. Just a decade after making its first memory chip, Samsung was coming to market with a version that had 1,000 times the capacity. It gained international acclaim in 1992 with the world’s first 64MB DRAM chip, placing the company squarely in first place in memory, where it remains today.

It will be a difficult transition and put even more emphasis on multipatterning. A more advanced type of EUV lithography system, called HNA EUV, would relieve the need for multipatterning, but supplier ASML (ASML) doesn’t expect those to be available in sufficient numbers until 2027. I discussed multi-patterning in some detail in my investing group article on Hosseini’s report, https://forexarticles.net/12trader-broker-review/ but I’ll defer that discussion here. Suffice it to say that multipatterning adds significant cost and complexity to the wafer fabrication process. Difficulties with the technique are thought to have been the reason for delays in Intel’s (INTC) 10 nm process. Exchange-traded funds tend to be less volatile than individual stocks and provide exposure to a broad range of stocks.

TSM Overview

The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Tuesday will be a market holiday in South Korea and Indonesia will publish its retail sales for the month of April. The U.S. consumer price index for May will be released as the Federal Open Market Committee (FOMC) takes place on the 13 to the 14th.

Then Intel missed a June performance milestone toward producing those chips commercially. Multipatterning is likely the thing that breaks Intel’s very optimistic time line. And Intel still has to demonstrate mastery of EUV in a production context, which it has yet to do. A more realistic timeline is where Intel stays on Intel 4/3 for the next two or three years. Relative to five nodes in four years, notably, two out of these five nodes, Intel 7 and Intel 4, are now essentially done.

For more than three decades, Samsung has been a leader in memory chips, which are used for digital data storage. Over the last year, prices for memory chips have taken a dive, and they’re expected to fall up to 23% more in the current quarter. In April, Samsung reported dismal earnings for the first quarter, with profit plunging to its lowest level since 2009. Across our operations, we are focused on optimizing manufacturing capacity for our carbonate platform with the goal of achieving 100 megawatts of annualized integrated onsite manufacturing and conditioning capacity. We are also working to expand our solid oxide manufacturing capabilities with a goal of adding an additional 400 megawatts of manufacturing capacity in the United States. We believe that the legislation enacted and being contemplated around the world will over time, serve as a catalyst to support the acceleration of adoption of products like ours and to ultimately drive down cost.

Yi, in a speech delivered in Shanghai last week, said that recent soft inflation prints reflect a delayed rise in demand levels and that he expects the consumer price index to pick up gradually in the second half of the year. Despite recent execution blunders that have sent SentinelOne shares plunging by more than 35% over the past 12 months, Morgan Stanley thinks the market is now mispricing the cybersecurity company. “Our entire call is based on increased confidence and conviction that [Oracle Cloud Infrastructure] will become the engine that accelerates top- and bottom-line growth for the company over the next three years,” Zukin wrote in a Sunday note. Traders are hoping that the Federal Reserve will decide to skip a rate hike in June, with the forthcoming consumer price index report expected support the decision. Nasdaq has agreed to acquire Adenza, a maker of software used by banks and brokerages, in a $10.5 billion cash-and-stock deal, the companies said. Analysts’ growing pessimism over the company’s earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge in the near term.