|Bid||599.00 x 0|
|Ask||600.00 x 0|
|Day's range||593.00 - 600.00|
|52-week range||428.00 - 679.00|
|Beta (5Y monthly)||1.01|
|PE ratio (TTM)||27.11|
|Earnings date||12 Jan 2022 - 17 Jan 2022|
|Forward dividend & yield||11.00 (1.86%)|
|Ex-dividend date||16 Dec 2021|
|1y target est||749.32|
(Bloomberg) -- Alibaba Group Holding Ltd. unveiled a new server chip that’s based on advanced 5-nanometer technology, marking a milestone in China’s pursuit of semiconductor self-sufficiency. The Chinese tech giant’s newest chip is based on micro-architecture provided by the SoftBank Group Corp.-owned Arm Ltd., according to a statement Tuesday. Alibaba, which is holding its annual cloud summit in Hangzhou, said the silicon will be put to use in its own data centers in the “near future” and will
TSM has underperformed the market and the semiconductor industry by as much as 20% since February, and the share price is up just 6% YTD. Quite a few semiconductor companies have struggled this year. This is partly due to the chip shortage affecting customers, and partly due to strong price performance in 2020. In TSMC’s case the share price rose 85% in 2020, and is up 273% over the last 5 years (excluding dividends).
On the contrary, a growth stock rebound could be in store for 2022. Three Fool.com contributors think Taiwan Semiconductor Manufacturing (NYSE: TSM), Fastly (NYSE: FSLY), and II-VI (NASDAQ: IIVI) are thus worth a serious look right now. Nicholas Rossolillo (Taiwan Semiconductor Manufacturing): Though it may rank low on the list of most household names in technology, Taiwan Semi is a monster powering all sorts of high-end computing we use every day.