Latest news with #TaiwanSemiconductor
Bloomberg
9 hours ago
- Business
- Bloomberg
TSMC Affiliate VIS May Expedite Production at $8 Billion Singapore Fab
Taiwan Semiconductor Manufacturing Co. 's smaller affiliate Vanguard International Semiconductor Corp. may accelerate the chip production schedule at its new $7.8 billion joint venture in Singapore on greater customer demand for hedging against geopolitical risks. VIS may be able to push production at the new plant, which makes mature chips, to as soon as late 2026 versus the originally announced schedule of the first half of 2027, VIS Chairman Fang Leuh told reporters at a company event on Saturday in Taoyuan, Taiwan. VIS broke ground for the facility in the fourth quarter of 2024.
Yahoo
2 days ago
- Business
- Yahoo
Significant Increase in Taiwan Semiconductor Manufacturing Co Ltd by iShares MSCI ACWI ex U.S. ETF
iShares MSCI ACWI ex U.S. ETF (Trades, Portfolio) recently submitted its N-PORT filing for the second quarter of 2025, offering a glimpse into its strategic investment decisions during this period. The ETF aims to replicate the performance of the MSCI ACWI ex USA Index, which includes large and mid-cap stocks from 22 developed markets (excluding the U.S.) and 27 emerging markets. This index represents approximately 85% of the global equity opportunity set outside the U.S., making it a comprehensive benchmark for international equities. iShares MSCI ACWI ex U.S. ETF (Trades, Portfolio) added a total of 27 stocks, among them: The most significant addition was Celestica Inc (TSX:CLS), with 25,541 shares, accounting for 0.04% of the portfolio and a total value of C$2,179,300. The second largest addition to the portfolio was Gulf Energy Development PCL (BKK:GULF), consisting of 1,074,006 shares, representing approximately 0.03% of the portfolio, with a total value of ?1,575,400. The third largest addition was Pidilite Industries Ltd (BOM:500331), with 34,692 shares, accounting for 0.02% of the portfolio and a total value of ?1,247,180. iShares MSCI ACWI ex U.S. ETF (Trades, Portfolio) also increased stakes in a total of 1,463 stocks, among them: The most notable increase was Taiwan Semiconductor Manufacturing Co Ltd (TPE:2330), with an additional 760,000 shares, bringing the total to 5,286,000 shares. This adjustment represents a significant 16.79% increase in share count, a 0.36% impact on the current portfolio, with a total value of NT$149,776,440. The second largest increase was Tencent Holdings Ltd (HKSE:00700), with an additional 191,400 shares, bringing the total to 1,390,900. This adjustment represents a significant 15.96% increase in share count, with a total value of HK$85,193,940. iShares MSCI ACWI ex U.S. ETF (Trades, Portfolio) completely exited 80 holdings in the second quarter of 2025, as detailed below: Mirvac Group (ASX:MGR): iShares MSCI ACWI ex U.S. ETF (Trades, Portfolio) sold all 733,904 shares, resulting in a -0.02% impact on the portfolio. Orica Ltd (ASX:ORI): iShares MSCI ACWI ex U.S. ETF (Trades, Portfolio) liquidated all 105,819 shares, causing a -0.02% impact on the portfolio. iShares MSCI ACWI ex U.S. ETF (Trades, Portfolio) also reduced positions in 4 stocks. The most significant changes include: Reduced Korea Zinc Co Ltd (XKRX:010130) by 8,623 shares, resulting in a -90.77% decrease in shares and a -0.01% impact on the portfolio. The stock traded at an average price of ?777,750 during the quarter and has returned -6.60% over the past 3 months and -21.17% year-to-date. Reduced CGN Power Co Ltd (HKSE:01816) by 639,000 shares, resulting in a -25.53% reduction in shares and a -0.01% impact on the portfolio. The stock traded at an average price of HK$2.51 during the quarter and has returned 9.40% over the past 3 months and -1.73% year-to-date. At the end of the second quarter of 2025, iShares MSCI ACWI ex U.S. ETF (Trades, Portfolio)'s portfolio included 1,715 stocks. The top holdings included 2.5% in Taiwan Semiconductor Manufacturing Co Ltd (TPE:2330), 1.42% in Tencent Holdings Ltd (HKSE:00700), 1.1% in SAP SE (XTER:SAP), 1% in Nestle SA (XSWX:NESN), and 0.95% in ASML Holding NV (XAMS:ASML). The holdings are mainly concentrated in all 11 industries: Financial Services, Industrials, Technology, Consumer Cyclical, Healthcare, Consumer Defensive, Communication Services, Basic Materials, Energy, Utilities, and Real Estate. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus.
Globe and Mail
3 days ago
- Business
- Globe and Mail
TSM's Global Expansion Strategy: Growth Enabler or Margin Risk?
Taiwan Semiconductor Manufacturing Company TSM, also known as TSMC, is aggressively expanding its global manufacturing footprint. In March 2025, it announced a new $100 billion investment in the United States, raising its total planned U.S. spend to $165 billion. This includes five wafer fabs, two advanced packaging plants, and a major research & development center. It's one of the most ambitious expansions in chip history. Construction on the first U.S. fab is done, and volume production is being sped up to meet soaring AI demand. Two more fabs are in the pipeline for later this year, pending permits, with the remaining facilities set to adopt advanced nodes based on customer needs. Apart from expanding in the United States, Taiwan Semiconductor Manufacturing is ramping up its fabs in Japan and Germany. It also plans to build 11 wafer manufacturing fabs and four advanced packaging facilities in Taiwan over the next several years. This global push is clearly aimed at securing leadership in advanced chip manufacturing and addressing geopolitical concerns from customers who want supply chain diversification. However, this massive investment strategy is anticipated to hurt Taiwan Semiconductor Manufacturing's profitability. TSMC expects gross margins to shrink 2-3% in 2025 as it ramps up new fabs in Arizona and Kumamoto, Japan. It also expects the gross margin dilution widening to 3-4% annually in later years due to the ramp-up of its other overseas fabs. With $38-$42 billion in CapEx planned for 2025, the company's execution and cost discipline will be critical for protecting margins. Nonetheless, Taiwan Semiconductor Manufacturing remains confident of sustaining a long-term gross margin above 53%. How TSMC's Rivals are Responding to the Global Fab Race While Taiwan Semiconductor Manufacturing leads the global foundry market, Intel INTC and GlobalFoundries GFS are stepping up their efforts as the demand for localized chip manufacturing grows. Intel is undergoing a major transformation under its IDM 2.0 strategy. With a planned investment of $100 billion for new fabs in the United States and Europe, Intel aims to compete directly with Taiwan Semiconductor Manufacturing in advanced chip production. Its upcoming foundry services, backed by U.S. government support, are designed to appeal to customers looking for geopolitically safer and more diversified supply chains. GlobalFoundries is carving out its space in mature and specialized nodes. It is expanding capacity in the United States, Germany, and Singapore to meet demand for automotive, IoT, and industrial chips. As clients seek trusted, local manufacturing partners, GlobalFoundries stands to benefit. TSMC's edge remains strong, but both Intel and GlobalFoundries are making moves that could tighten the competitive landscape. TSM's Price Performance, Valuation and Estimates Shares of Taiwan Semiconductor Manufacturing have gained 12.1% year to date compared with the Semiconductor - Circuit Foundry industry's growth of 7.1%. TSM YTD Price Return Performance From a valuation standpoint, TSMC trades at a forward price-to-sales ratio of 8.62X, in line with the industry's average. TSM Forward 12-Month P/S Ratio Image Source: Zacks Investment Research The Zacks Consensus Estimate for TSMC's 2025 and 2026 earnings implies year-over-year growth of 31.82% and 15.82%, respectively. The estimates for 2025 and 2026 have been revised upward in the past 30 days, respectively. Taiwan Semiconductor Manufacturing currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report GlobalFoundries Inc. (GFS): Free Stock Analysis Report
Globe and Mail
3 days ago
- Business
- Globe and Mail
Cathie Wood Is Doubling Down on This AI Stock. Should You?
Cathie Wood has had mixed results as an institutional investor. Her firm, Ark Invest, sells exchange-traded funds (ETF), and her focus is on tech disruptors. Some of her ETFs have outperformed the market over long periods, and others have delivered underwhelming performance, but she is confident in the future potential of her stocks. Whether or not you agree with her stock picks or would invest in her company's products, investors can learn about up-and-coming tech stocks and see what she thinks about tech giants by following Ark Invest's trades. One stock she has been buying left and right recently is Taiwan Semiconductor Manufacturing (NYSE: TSM). Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Let's see why she's finding it interesting right now and whether or not it's a buy for you today. The king of AI stocks Taiwan Semiconductor is a foundry, and it produces the physical chips for most of the artificial intelligence (AI) chipmakers that are generating the AI revolution. So when people talk about the chips or graphics processing units (GPU) that Nvidia makes, Nvidia designs them, but its partner -- Taiwan Semiconductor Manufacturing Company, or TSMC -- actually produces them. That makes it an integral part of the growth of AI, and it also provides it with protection against a negative impact for any specific client. The partnership also gives TSMC excellent long-term potential because regardless of whether it's AI or something else, chips are the underlying basis of almost all new technology. Some of TSMC's other high-profile clients include Apple and Advanced Micro Devices, and it produces chips for far more applications than AI, powering technology like smartphones, Internet of Things, and consumer products. Because TSMC works with these clients, it's growing on their coattails. High-performance computing, which includes AI, increased from 46% of its revenue in the 2024 first quarter to 59% in the 2025 first quarter. TSMC's own growth isn't quite as fantastic as Nvidia's, but it's high and steady. Revenue increased 35% year over year in Q1 2025, and management expects revenue to increase at a compound annual growth rate (CAGR) near 20% through 2029. It's also incredibly profitable. Gross margin widened 5.7 percentage points in the first quarter to 58.5%, and operating margin was 48.5%. Earnings per share (EPS) increased 60%. The longer-term outlook is a gross margin of at least 53%. TSMC stock had fallen earlier this year when the market was concerned about tariffs, but it's already climbing back up. It has an excellent long-term prognosis, and it also has an operational facility in Arizona that protects it somewhat from higher tariffs. North America accounts for 77% of its business, and management recently announced that it's going to expand its investments in the U.S. by $165 billion "to power the future of AI." Priced to buy Even though Cathie Wood is known for buying high-growth stocks -- and those are typically priced at premium levels -- if you follow her trading activity, you'll notice she uses value-investing tenets, too. After all, the bottom line for most successful investing is to buy low and sell high. She tends to scoop up stocks she believes in strongly when they fall and sell them when they're too expensive. One example of a stock she's been selling recently is Palantir Technologies (NASDAQ: PLTR), which is up 476% over the past year and trading at a price-to-earnings (P/E) ratio of 597. TSMC, on the other hand, is up only 20% over the past year, but it trades at only 27 times trailing-12-month earnings, a slight discount to its one-year average. Considering its excellent fundamentals, huge potential in tech, and safety, TSMC is the kind of stock that can appeal to a broad section of the investing community, and I highly recommend buying it. Should you invest $1,000 in Taiwan Semiconductor Manufacturing right now? Before you buy stock in Taiwan Semiconductor Manufacturing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Taiwan Semiconductor Manufacturing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $689,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $906,556!* Now, it's worth noting Stock Advisor 's total average return is809% — a market-crushing outperformance compared to175%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025
Yahoo
3 days ago
- Business
- Yahoo
Cathie Wood Is Doubling Down on This AI Stock. Should You?
Taiwan Semiconductor makes the physical chips for companies that design them. The Taiwan-based foundry is highly profitable and growing at a rapid pace. Despite recent gains, TSMC stock trades at a reasonable valuation. 10 stocks we like better than Taiwan Semiconductor Manufacturing › Cathie Wood has had mixed results as an institutional investor. Her firm, Ark Invest, sells exchange-traded funds (ETF), and her focus is on tech disruptors. Some of her ETFs have outperformed the market over long periods, and others have delivered underwhelming performance, but she is confident in the future potential of her stocks. Whether or not you agree with her stock picks or would invest in her company's products, investors can learn about up-and-coming tech stocks and see what she thinks about tech giants by following Ark Invest's trades. One stock she has been buying left and right recently is Taiwan Semiconductor Manufacturing (NYSE: TSM). Let's see why she's finding it interesting right now and whether or not it's a buy for you today. Taiwan Semiconductor is a foundry, and it produces the physical chips for most of the artificial intelligence (AI) chipmakers that are generating the AI revolution. So when people talk about the chips or graphics processing units (GPU) that Nvidia makes, Nvidia designs them, but its partner -- Taiwan Semiconductor Manufacturing Company, or TSMC -- actually produces them. That makes it an integral part of the growth of AI, and it also provides it with protection against a negative impact for any specific client. The partnership also gives TSMC excellent long-term potential because regardless of whether it's AI or something else, chips are the underlying basis of almost all new technology. Some of TSMC's other high-profile clients include Apple and Advanced Micro Devices, and it produces chips for far more applications than AI, powering technology like smartphones, Internet of Things, and consumer products. Because TSMC works with these clients, it's growing on their coattails. High-performance computing, which includes AI, increased from 46% of its revenue in the 2024 first quarter to 59% in the 2025 first quarter. TSMC's own growth isn't quite as fantastic as Nvidia's, but it's high and steady. Revenue increased 35% year over year in Q1 2025, and management expects revenue to increase at a compound annual growth rate (CAGR) near 20% through 2029. It's also incredibly profitable. Gross margin widened 5.7 percentage points in the first quarter to 58.5%, and operating margin was 48.5%. Earnings per share (EPS) increased 60%. The longer-term outlook is a gross margin of at least 53%. TSMC stock had fallen earlier this year when the market was concerned about tariffs, but it's already climbing back up. It has an excellent long-term prognosis, and it also has an operational facility in Arizona that protects it somewhat from higher tariffs. North America accounts for 77% of its business, and management recently announced that it's going to expand its investments in the U.S. by $165 billion "to power the future of AI." Even though Cathie Wood is known for buying high-growth stocks -- and those are typically priced at premium levels -- if you follow her trading activity, you'll notice she uses value-investing tenets, too. After all, the bottom line for most successful investing is to buy low and sell high. She tends to scoop up stocks she believes in strongly when they fall and sell them when they're too expensive. One example of a stock she's been selling recently is Palantir Technologies (NASDAQ: PLTR), which is up 476% over the past year and trading at a price-to-earnings (P/E) ratio of 597. TSMC, on the other hand, is up only 20% over the past year, but it trades at only 27 times trailing-12-month earnings, a slight discount to its one-year average. Considering its excellent fundamentals, huge potential in tech, and safety, TSMC is the kind of stock that can appeal to a broad section of the investing community, and I highly recommend buying it. Before you buy stock in Taiwan Semiconductor Manufacturing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Taiwan Semiconductor Manufacturing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $689,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $906,556!* Now, it's worth noting Stock Advisor's total average return is 809% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Jennifer Saibil has positions in Apple. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Nvidia, Palantir Technologies, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Cathie Wood Is Doubling Down on This AI Stock. Should You? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
