TSMC: 3Q24 Large Beat, Guidance Better, the Stock Is Not Expensive
Margins expansion from 3Q24 reflects Utilization finally picking up, driving gross margins up. Yet, utilization is only at ~80% in 3Q24 when 10...
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TSMC (2330.TT; TSM.US): 4Q24 Outgrowth; Co-Work with Almost AI Innovators.
TSMC's 4Q24 guidance shows strong sales growth, with AI revenue set to triple and contribute significantly to overall sales. APT expected to...
713 Views
Horizon Robotics IPO - Peers Are Down a Lot, Its Valuation Isn’t
Horizon Robotics is looking to raise up to US$696m in its Hong Kong IPO. We have looked at the company's past performance in our earlier notes, in...
770 Views
Taiwan Tech Weekly: TSMC Taking More Samsung Customers; Hon Hai Unveils Major AI Projects
Samsung's foundry business losing customers to TSMC due to perceived lower risk; TSMC and UMC sales trends confirm industry shifts, while Nanya...
690 Views
TSMC, UMC Monthly Sales: TSMC up Strong but Plateauing, UMC Lackluster, Confirming 2 Big Trends
AI demand remains strong but YoY growth is plateauing. The rest of Tech end-demand remains weak (Consumer, PC, Auto, Industrials). Sept. monthly...
633 Views