FMP
Jan 11, 2024 12:14 AM - Davit Kirakosyan
Image credit: FMP
Taiwan Semiconductor Manufacturing (NYSE:TSM), the world's leading contract chipmaker, announced its fourth-quarter revenue of T$625.5 billion ($20.10 billion). While this figure shows a largely flat performance, it has still managed to exceed market expectations. The reported Q4 revenue also went beyond TSMC's earlier projection range of $18.8-19.6 billion.
In December, TSMC observed a year-on-year revenue decrease of 8.4%, bringing in T$176.3 billion.
Commenting on these results, Wedbush analysts noted that this outcome aligns with previous expectations of a strong fourth quarter for TSMC. The performance was attributed to various factors, including seasonal demand associated with Apple, increased demand for AI solutions, and improved dynamics in the Chinese handset market.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...