Taiwan Semiconductor (TSMC) (2330) Earnings: 2Q Net Income Soars Past Estimates with 61% Year-on-Year Growth

Taiwan Semiconductor (TSMC) on Smartkarma

Analyst coverage of Taiwan Semiconductor (TSMC) on Smartkarma reveals a mix of insights from top independent analysts. William Keating‘s report sheds light on TSMC’s June revenue trends, noting a slight decrease MoM but a significant increase YoY, with revenue exceeding the guided midpoint when considering the exchange rate. Meanwhile, Nicolas Baratte explores the semiconductor industry landscape, highlighting potential oversupply concerns in certain segments and discussing significant developments at Samsung and Intel, raising questions about foundry margins and future IPOs in China.

Baptista Research delves into TSMC’s strategic move of investing in the U.S., committing a substantial $165 billion to expand its presence. This bold expansion aims to meet the strong demand from key U.S.-based tech companies. Additionally, insights from Nicolas Baratte touch on the impact of a tax credit increase by the U.S. Congress for semiconductor manufacturers, providing context on the overall investment environment. Overall, the analyst coverage offers a comprehensive view of TSMC’s recent performance, strategic decisions, and industry dynamics.

A look at Taiwan Semiconductor (TSMC) Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Taiwan Semiconductor Manufacturing Company, Ltd. (TSMC) holds a promising long-term outlook based on its Smartkarma Smart Scores. With a strong score of 5 in Growth and Momentum, TSMC is positioned to thrive in the semiconductor industry. The company’s commitment to innovation and technology advancement is reflected in these high scores, indicating a positive trajectory for future development and expansion.

While TSMC scored moderately in Value and Dividend at 2, the company excels in Resilience with a score of 4. This resilience factor highlights TSMC’s ability to weather market fluctuations and challenges, showcasing its stability and strength. Overall, TSMC’s robust scores, particularly in Growth and Momentum, suggest a bright outlook for the company in the long term, solidifying its position as a key player in the integrated circuits market.

### Taiwan Semiconductor Manufacturing Company, Ltd. manufactures and markets integrated circuits. The Company provides the following services: wafer manufacturing, wafer probing, assembly and testing, mask production, and design services. TSMC’s ICs are used in computer, communication, consumer electronics, automotive, and industrial equipment industries. ###

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