Latest news with #TaiwanSemiconductorManufacturingCompanyLimited
Yahoo
3 days ago
- Business
- Yahoo
Susquehanna Raised the PT on Taiwan Semiconductor Manufacturing (TSM), Keeping a Buy Rating
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the 12 Best Stocks to Buy and Hold for the Long Term. On June 17, Susquehanna raised the firm's price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) from $250 to $255 while keeping a Buy rating on the stock. The increased price target comes at a time when AI growth sentiment is weakening and global tariffs topped with geo-political uncertainties are posing challenges for the company. The firm noted recent checks indicate that increased demand for AI-related wafer shipments in Q2 is compensating for weaker shipments in the smartphone segment. Moreover, the surge in AI chip demand is a critical growth driver for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) as advanced chips used in AI applications are seeing robust orders, even as traditional consumer electronics like smartphones face cyclical softness. A close-up of a complex network of integrated circuits used in logic semiconductors. Susquehanna also highlighted that TSM is likely to remain the only leading-edge foundry provider through at least 2027, thereby reassuring its market-leading position. Moreover, Ariel Global Fund also noted Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q1 2025 investor letter, noting the company has a dominant share in the global foundry industry. Despite the recent shift in AI sentiment, the fund continues to see the company's earnings benefiting from long-term AI trends. Ariel Global Fund stated the following regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q1 2025 investor letter: 'Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) shares declined on weakening sentiment regarding Artificial Intelligence (AI) growth, the impact of tariffs and global macroeconomic uncertainty. TSMC has a dominant share of the global foundry market and is an industry leader in terms of scale, technology, customer service and execution. As such, we expect the company's earnings will benefit from secular growth trends of AI longer-term. Meanwhile, TSMC remains committed to returning capital to shareholders through buybacks and dividends.' While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
16-06-2025
- Business
- Yahoo
Taiwan Semiconductor Manufacturing Company Limited (TSM): It's A Proxy for NVIDIA, Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stands against other stocks that Jim Cramer discusses. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the most important companies in the world primarily due to the fact that it is responsible for manufacturing most of the world's advanced AI and personal computing chips. The firm's leading-edge chip manufacturing technologies are used by the world's leading technology companies such as Apple and NVIDIA. Crmaer's previous comments about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) have compared the firm to NVIDIA especially since the latter relies on it for making its GPU chips. His latest comments maintained the opinion: 'Taiwan Semi was the proxy, as that went up you could buy NVIDIA.' A close-up of a complex network of integrated circuits used in logic semiconductors. Cramer's previous comments about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) concerned the firm's valuation particularly due to the impact of its location in Taiwan: 'Okay so I'm gonna give you, how to read that, you can dismiss it, but I'll give it to you. Taiwan Semi, discount versus NVIDIA is how you look at it. The Taiwan Semi, the discount, it's 17 versus 23 times earnings, that is simply the discount of, a, I don't wanna say it, takeover, because that gets people scared. But an encroachment by the People's Republic of China.' While we acknowledge the potential of TSM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
11-06-2025
- Business
- Yahoo
TSMC (TSM) Reports 40% Revenue Surge in May as AI Chip Demand Booms
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the 1. On June 10, the company reported its May revenue, which surged 40% year-over-year to NT$320.5 billion ($10.7 billion) as demand remained high for its AI chips. The contract chipmaker, which supplies to tech giants such as Apple and Nvidia, had its revenue up 39.6% from a year earlier but down 8% from April's figure. According to TSMC's CEO C.C. Wei, April softening was seasonal, and the company is ramping advanced nodes to ease bottlenecks. Its capacity expansions in Arizona and Taiwan are progressing according to plan. Moreover, new EUV tools and packaging lines are launching to boost throughput for the latest H100 and next-gen Gaudi GPUs. A macro view of a 5G/4G chips and modules, displaying the cutting edge technology of the company. Back in March, Wei joined President Donald Trump in announcing his intent to invest $100 billion in U.S.-based chip-manufacturing facilities. He acknowledged TSMC's projection of 'full-year 2025 revenue to increase by close to mid-20s percent in U.S. dollar terms' in the company's first-quarter earnings call in April. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures and sells advanced chips used in artificial intelligence applications. While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. 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
Yahoo
10-06-2025
- Business
- Yahoo
4 Stocks to Watch on Steady Growth in Semiconductor Sales
Over the past year, semiconductor sales have shown steady growth, primarily fueled by the optimism around artificial intelligence (AI), especially generative AI. Robust demand from a wide range of industries has significantly boosted revenues for the semiconductor sector in recent quarters. The steady demand for semiconductors was a major driver of last year's overall market rally. Given this scenario, it would be ideal to invest in semiconductor stocks, such as Taiwan Semiconductor Manufacturing Company Limited TSM, Texas Instruments TXN, ASML Holding N.V. ASML and Advanced Energy Industries, Inc. AEIS. Each of these stocks carries a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The Semiconductor Industry Association (SIA) reported that global chip sales jumped 2.5% sequentially in April, reaching $57 billion, up from $55.6 billion in March. Year over year, semiconductor sales jumped 22.7%. This marks the 11th straight month of year-over-year sales growth above 17%. John Neuffer, SIA president and CEO, said, 'Global semiconductor demand remains high, with first-quarter sales substantially outpacing the first quarter of last year. Year-to-year sales increased by more than 17% for the 11th consecutive month, driven by a year-to-year sales increase of roughly 45% in the Americas.' Earlier in the year, monthly sales dipped slightly due to concerns over the impact of the budget-friendly Chinese AI platform DeepSeek on U.S. tech firms. However, those worries quickly faded as analysts concluded that the fears were exaggerated. April's strong numbers came after an impressive 2024, when global semiconductor sales reached $627.6 billion — a 19.1% jump from $526.8 billion in 2023. The final quarter of 2024 alone saw $170.9 billion in sales, up 17.1% from the same period a year earlier, and 3% higher than the previous quarter. The steady rise in sales has been driven by robust demand for chips in data centers. Also, the memory chip market is helping boost sales. With ongoing AI investments by tech companies, industry experts expect demand to remain high, with the SIA forecasting continued double-digit growth in 2025. The Semiconductor Industry Association (SIA) previously projected a double-digit growth in 2025, further boosting optimism about the sector's ongoing expansion. Taiwan Semiconductor Manufacturing Company Limited is the world's largest dedicated integrated circuit foundry. As a foundry, TSM manufactures ICs for its customers based on their proprietary IC designs using its advanced production processes. Taiwan Semiconductor Manufacturing Company Limited's goal is to establish itself as one of the world's leading semiconductor companies by building upon the strengths that have made it the world's leading IC foundry. Taiwan Semiconductor Manufacturing Company Limited's expected earnings growth rate for the current year is 30.5%. The Zacks Consensus Estimate for current-year earnings has improved 0.4% over the past 60 days. TSM presently carries a Zacks Rank #3. Texas Instruments is an original equipment manufacturer of analog, mixed-signal and digital signal-processing integrated circuits. TXN has manufacturing and design facilities, including wafer fabrication and assembly/test operations in North America, Asia and Europe. Texas Instruments management's strategy has been to build assets that would be fully utilized through their lifetimes and outsource any excess demand in peak situations to outside foundries. Texas Instruments' expected earnings growth rate for next year is 6.7%. The Zacks Consensus Estimate for current-year earnings has improved 3.5% over the past 60 days. TXN carries a Zacks Rank #3. ASML Holding N.V. is a world leader in the manufacture of advanced technology systems for the semiconductor industry. ASML offers an integrated portfolio for manufacturing complex integrated circuits. ASML Holdingdesigns, develops, integrates, markets and services advanced systems used by customers, which are the major global semiconductor manufacturers, to create chips that power a wide array of electronic, communications and information technology products. ASML Holding's expected earnings growth rate for the current year is 30.5%. The Zacks Consensus Estimate for current-year earnings has improved 7.1% over the past 60 days. ASML currently carries a Zacks Rank #3. Advanced Energy Industries, Inc. is one of the leading suppliers of power subsystems and process-control technologies to the semiconductor industry. AEIS now focuses primarily on power-conversion solutions, including direct current, pulsed DC, low frequency, high voltage, and radio frequency power supplies, as well as matching networks and remote plasma sources for reactive gas applications and RF instrumentation to leverage the semiconductor, flat panel display, and industrial markets. Advanced Energy Industries' expected earnings growth rate for the current year is 39.1%. The Zacks Consensus Estimate for current-year earnings has improved 10% over the past 60 days. AEIS currently carries a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Texas Instruments Incorporated (TXN) : Free Stock Analysis Report ASML Holding N.V. (ASML) : Free Stock Analysis Report Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report Advanced Energy Industries, Inc. (AEIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
29-05-2025
- Business
- Yahoo
Barclays Sees Opportunity in Taiwan Semi (TSM) Despite Headwinds, Cuts Target to $215
Barclays analyst Simon Coles recently lowered the price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $215 from $255 and kept an Overweight rating on the shares. TSM makes and sells integrated circuits and semiconductors. The advisory believes TSMC shares are already pricing in a slowdown and thus look increasingly attractive, the analyst tells investors in a research note. The advisory says the company's fiscal 2025 guidance was maintained which implies some slowdown in the second half of the year, which makes sense. A close-up of a complex network of integrated circuits used in logic semiconductors. Latest reports, per Chinese-language financial newspaper CTEE, indicate that Taiwan Semiconductor Manufacturing Company is planning to raise prices on one of its advanced manufacturing nodes soon. The global foundry is set to increase the price of its 4 nanometer manufacturing node by 10% and may increase it up to 30%, the news outlet added. Reports of TSM increasing prices have been doing the rounds since late last year. While we acknowledge the potential of TSM, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSM and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 33 Most Important AI Companies You Should Pay Attention To and 30 Best AI Stocks to Buy According to Billionaires Disclosure: None.
