|Bid||267.50 x 0|
|Ask||268.00 x 0|
|Day's Range||267.00 - 269.00|
|52 Week Range||206.50 - 270.00|
|Beta (3Y Monthly)||1.46|
|PE Ratio (TTM)||20.73|
|Earnings Date||Jul 18, 2019|
|Forward Dividend & Yield||8.00 (3.26%)|
|1y Target Est||262.88|
Samsung's chip division is its most lucrative, but memory chip prices arefalling and the company's overall operating profits are slipping
TSMC's Q1 Earnings Signal Beginning of Semiconductor Growth(Continued from Prior Part)TSMC’s second-quarter revenue guidance TSMC’s (TSM) revenue hit the bottom in the first quarter of 2019 due to weak economic demand, smartphone seasonality, and
TSMC's Q1 Earnings Signal Beginning of Semiconductor Growth(Continued from Prior Part)TSMC’s revenue by applicationTSMC (TSM) is the world’s largest foundry and manufactures chips for all major end markets. The foundry divides its revenue into
TSMC's Q1 Earnings Signal Beginning of Semiconductor Growth(Continued from Prior Part)TSMC’s first-quarter revenue TSMC (TSM) is the world’s largest foundry and earns revenue by manufacturing chips for semiconductor designers at its fabrication
TSMC's Q1 Earnings Signal Beginning of Semiconductor GrowthTSMC’s first-quarter earnings bottom out TSMC (TSM) is the world’s largest semiconductor contract manufacturer. It serves a host of chip designers including Apple (AAPL), NVIDIA (NVDA),
Texas Instruments Stock Falls 6% After Hours on Weak Guidance(Continued from Prior Part)Texas Instruments’ revenueTexas Instruments (TXN) manufactures and supplies analog chips and microcontrollers to five end markets: industrial, automotive,
Samsung Electronics has unveiled plans to spend Won133tn ($115bn) over the next decade on its non-memory chip business, aiming to overtake TSMC as the world’s biggest maker of made-to-order computing chips. The massive investment — almost as much Morocco’s $118bn GDP last year — is part of efforts by Samsung to diversify away from the volatile memory chip business, which is currently the company’s primary income generator.
Samsung Electronics Co Ltd plans to invest $116 billion in non-memory chips through 2030, to cut its reliance on the volatile memory chip market and develop chips to power self-driving cars and AI-enabled devices. The plan underscores the South Korean firm's ambition to challenge bigger rivals - Taiwan's TSMC in contract chip manufacturing and San Diego-based Qualcomm Inc in mobile processing chips - as the memory chip market contracts sharply after years of an unprecedented boom. In March, U.S. chip supplier Nvidia Corp agreed to buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion, beating rival Intel Corp in a deal that would help Nvidia boost its data center and AI businesses.
Samsung, which now leads the market for the memory chips used in devices from servers to smartphones, said it plans to ramp up investment in semiconductors in the years leading up to 2030 to take the lead in so-called logic chips. Samsung, which is also looking to challenge Taiwan Semiconductor Manufacturing Co. in the business of making chips for other corporations, joins companies from Huawei Technologies Co. to Apple Inc. that’re increasingly devising the brains that power computing devices.
Taiwan Semiconductor Manufacturing Co. narrowly beat Wall Street's targets for the first quarter, but guided sales estimates lower for the current quarter. TSMC stock hit a buy point Thursday.
On a day when Pinterest stock went public and Zoom also launched a widely watched IPO, the stock market shook off early weakness and closed higher Thursday.
Taiwan's TSMC struck an upbeat note about the outlook for the depressed global chip market, betting that a rollout of faster 5G mobile network would buoy demand, even as it posted its steepest quarterly profit drop in more than seven years. TSMC, the world's biggest contract chipmaker, said a recent settlement between its top clients Apple and Qualcomm to end their two-year legal dispute over smartphone chips will help the Taiwanese firm. "While the economic factor and mobile product seasonality are still lingering as we move into second quarter, we believe we may have passed the bottom of the cycle of our business as we are seeing demand stabilizing," TSMC CFO Lora Ho said.
TSMC said its gross margin would continue to slide in the second quarter to between 43 and 45 per cent from 47.8 per cent last year — a rare blow for the company given its controlling share of the global market.
The world’s largest made-to-order chipmaker is predicting revenue of $7.55 billion to $7.65 billion in the June quarter, versus an average estimate for $7.6 billion and little changed from a year earlier. On Thursday, TSMC reported a larger-than-anticipated 32 percent plunge in net income during the January to March period. TSMC is showing the strains of a plateauing smartphone market as Apple, its biggest customer, seeks to boost growth with services rather than hardware.
(Adds bullet point) April 18 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd: * SAYS IT SEES Q2 REVENUE AT $7.55-7.65 BILLION * SAYS IT SEES Q2 GROSS MARGIN AT 43-45 PERCENT (VERSUS Q1 41.3 PERCENT) ...
The chairman of Taiwan's Foxconn, an assembler of Apple Inc's iPhones, said on Monday he plans to step down in the coming months to pave the way for younger talent to move up the company's ranks. A change in leadership would come at a delicate time for the world's largest contract manufacturer, which is trying to reinvent itself to cut its reliance on Apple as smartphone sales plateau and as the iPhone maker diversifies its supplier base. Terry Gou, speaking on the sidelines of an event in Taipei, said that while he planned to resign as Foxconn chairman, he hoped to remain involved in strategic decisions regarding the company's business.
Foxconn's Chairman Terry Gou said on Tuesday he is considering whether to run for Taiwan's 2020 presidential election, a day after Reuters reported the tycoon planned to step down from the world's largest contract manufacturer. Speaking on the sidelines of an event to mark the 40th anniversary of Taiwan-U.S. ties, Gou declined to say which party he could represent, though he said if it was the opposition, China-friendly Kuomintang (KMT), he would "go" with the standard procedures of the party.