Taiwan Semiconductor (TSM) Stock Is a Buy Despite Slowing Sales Growth

Taiwan Semiconductor (TSM) Stock Is a Buy Despite Slowing Sales Growth

Quick Read Taiwan Semiconductor (TSM) reported 16.9% year-over-year revenue growth in October and 33.8% growth for January through October. NVIDIA CEO Jensen Huang requested more chip supplies from Taiwan Semiconductor during a recent Taiwan visit. Taiwan Semiconductor’s October revenue met analyst estimates and the company faces more demand than available supply. It sounds nuts, but SoFi is giving new active invest users up to $1k in stock,…

Taiwan shares end up as TSMC rebounds ahead of sales report

Taipei, Nov. 10 (CNA) Shares in Taiwan closed higher Monday with contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) attracting strong buying ahead of its October sales report, dealers said.

TSMC sees slowdown in growth, but AI investments continue to rise

TSMC saw slower revenue growth in October. This raises new questions about the sustainability of the current AI boom.

TSMC sales growth drops in October

Taiwan Semiconductor Manufacturing Company’s (TSMC) revenue growth slowed in October below its forecast for Q4, the slowest in more than 18 months and less than half its jump in September. The chipmaker reported October sales rose 16.9 per cent year-on-year to TWD367.5 billion ($11.9 billion), down from 40 per cent growth the previous month. Sales in the first ten months were up 33.8 per cent to TWD3.1 trillion. Last month, it forecast revenue i…

TSMC monthly sales growth slows as AI demand moderates

However, industry executives remain buoyant about AI-driven growth