TSM Aug 2024 185.000 call
- Yahoo Finance Video
TSMC stock rises on increased annual revenue growth forecast
Shares of Taiwan Semiconductor Manufacturing Company (TSM) are rising on Thursday morning after the company forecasted a 10% revenue growth in the global semiconductor industry for the year. The company also estimated sales in its current second quarter could rise as much as 30% due to demand for semiconductors used in AI. Yahoo Finance anchors Brad Smith and Seana Smith break down the latest developments for Taiwan Semiconductor and what it could mean for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Barrons.com
TSMC, Snowflake, Super Micro Computer, Micron, and Other Tech Stocks in Focus Today
Tech stocks looked set for a strong start to the day as Nvidia’s earnings reignited the sector’s rally.
- South China Morning Post
Taiwan's prized semiconductors not unbreakable 'silicon shield' they once were as mainland China, West develop own bargaining chips
A sharp decline in Taiwan's ties with mainland China could extend to the very devices being used to transmit and read this story. The far-reaching implications from what has been a geopolitical tug of war are ultimately likely to bolster mainland China's standing as a dominant supplier of older-model semiconductors while ramping up the need for Western allies to rely more on themselves for cutting-edge chips - a scenario that industry insiders say threatens to erode Taiwan's formidable "silicon
