KienBoon
01-16
I guessed TSMC should bull up tonight by about 5 to 10%+ in view of its increasing revenue from the AI wave.
Recent Dec revenue alone is already about SGD $11.5 bil, which is quite significant indeed in comparison to other conglomerate companies. The numbers speak for themselves. Cheers TSMC ! [Smile] [Smile] [Smile]
TSMC Earnings Beat! Will the Giant Save the Semi Trend?
TSMC posted a net profit of T$374.68 billion ($11.4 billion) for the quarter ended Dec. 31, a record high for any quarter. That was in line with the T$377.95 billion LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate. Semiconductor shares gained in overnight trading with TSMC shares jumping 6%, Nvidia up 2%, ASML up 3%. ----------------- Will TSM earnings' beat save the semiconductor stock prices? Another all time high this week? What's your target price for TSM?
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