TSM - Taiwan Semiconductor Manufacturing Company Limited

NYSE - NYSE Delayed Price. Currency in USD
43.83
+0.64 (+1.48%)
At close: 4:02PM EDT

43.70 -0.13 (-0.30%)
After hours: 7:56PM EDT

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Previous Close43.19
Open43.08
Bid43.80 x 800
Ask43.85 x 1800
Day's Range43.07 - 44.02
52 Week Range34.21 - 45.64
Volume11,321,426
Avg. Volume8,852,535
Market Cap215.396B
Beta (3Y Monthly)1.01
PE Ratio (TTM)19.65
EPS (TTM)2.23
Earnings DateN/A
Forward Dividend & Yield1.28 (2.95%)
Ex-Dividend Date2019-06-24
1y Target Est47.36
Trade prices are not sourced from all markets
  • Apple-Chipmaker TSMC’s Outlook Shines as Industry Stabilizes
    Bloomberg21 hours ago

    Apple-Chipmaker TSMC’s Outlook Shines as Industry Stabilizes

    Jul.19 -- Taiwan Semiconductor Manufacturing Co.projected current-quarter revenue ahead of estimates, as the Apple Inc. supplier shrugs off a smartphone slump and U.S. sanctions on Huawei Technologies Co. to ride demand for cutting-edge chips. Bloomberg's Selina Wang has the story.

  • Apple Chip Supplier’s Solid Performance Shows Resilience in Trade Fight
    Bloomberg2 days ago

    Apple Chip Supplier’s Solid Performance Shows Resilience in Trade Fight

    Jul.18 -- Taiwan Semiconductor Manufacturing Co. projected current-quarter revenue ahead of estimates, as the Apple Inc. supplier shrugs off a smartphone slump and U.S. sanctions on Huawei Technologies Co. to ride demand for cutting-edge chips. Juliette Saly reports on "Bloomberg Daybreak: Europe."

  • TSMC Counts on New IPhones for Revival After Trade War Hit
    Bloomberg2 days ago

    TSMC Counts on New IPhones for Revival After Trade War Hit

    Jul.18 -- All eyes will be on Taiwan Semiconductor Manufacturing Co.’s outlook after the world’s largest contract chip manufacturer suffered its worst sales drop in nearly eight years.Analysts expect the company’s third-quarter estimates -- due today after the close of trading -- to point to a revival after it took a hit from slowing demand amid U.S.-China trade tensions. 

  • Market Realist13 hours ago

    TSMC’s and Samsung’s Rivalry Fuels Rumors

    Taiwan Semiconductor Manufacturing (TSM), the world’s largest contract chipmaker, competes with Samsung Foundry (SSNLF) and Global Foundries.

  • Market Realist15 hours ago

    TSMC’s Earnings Give Semiconductor Investors Hope

    TSMC's second-quarter earnings beat analyst estimates and suggest that the worst could be over.

  • Reuters19 hours ago

    Japan shares jump as Fed signals month-end rate cut, chip sector lead gains

    Japanese stocks rebounded solidly on Friday from the previous day's tumble, as riskier assets got a lift after a senior Federal Reserve official bolstered expectation of a U.S. rate cut later this month, with the semiconductor sector leading the gains. TSMC, the world's largest contract chipmaker and supplier to Apple Inc, on Thursday posted a decline in second-quarter profit but said demand is likely to recover over the rest of the year, particularly from smartphone makers.

  • Taiwan Semiconductor Manufacturing Stock Rises On Improving Demand
    Investor's Business Daily2 days ago

    Taiwan Semiconductor Manufacturing Stock Rises On Improving Demand

    Taiwan Semiconductor Manufacturing, known as TSMC, on Thursday beat analyst estimates for sales in the second quarter and matched on earnings. The TSMC earnings news drove its stock higher.

  • Benzinga2 days ago

    Is the 5G Boom Starting? A Huge Options Trade Thinks So

    One big options trader is looking for the next big thing in tech to drive a breakout in a major global chip stock. Taiwan Semiconductor Manufacturing (NYSE: TSM) is the world’s third-largest player after Intel Corporation (NASDAQ: INTC) and Samsung.

  • ACCESSWIRE2 days ago

    Taiwan Semiconductor Manufacturing Co., Ltd. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / July 18, 2019 / Taiwan Semiconductor Manufacturing Co., Ltd. (NYSE: TSM ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July ...

  • TheStreet.com2 days ago

    TSMC's Outlook Is Good News for Chip Equipment Makers -- And Maybe Also Apple

    The chip manufacturing giant issued upbeat Q3 sales guidance and forecast this year's capital spending will be at the high end of a prior guidance range.

  • Benzinga2 days ago

    It Could Be An Epic Day For These Chip ETFs

    Starting on Monday, June 22, about 55% of the widely followed PHLX Semiconductor Sector Index (XSOX) reports earnings over the next two weeks, but that index and exchange-traded funds tracking it could ...

  • Reuters2 days ago

    UPDATE 4-TSMC expects 5G to drive earnings, flags S.Korea-Japan spat as risk

    Taiwan's TSMC forecast that robust demand for 5G chips will drive a stronger second-half even as it anticipates a dispute between Japan and South Korea involving chip-making materials to be a big source of uncertainty. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) forecast third-quarter revenue to rise as much as 8.4% from a year earlier in U.S. dollar terms. TSMC, which makes modem chips for U.S. chipmaker Qualcomm Inc, is expected to see early gains from the shift to 5G as smartphone makers including Samsung Electronics Co Ltd and Huawei race to develop phones enabled with that technology.

  • Apple Chip Supplier’s Solid Performance Shows Resilience in Trade Fight
    Bloomberg2 days ago

    Apple Chip Supplier’s Solid Performance Shows Resilience in Trade Fight

    (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. projected current-quarter revenue ahead of estimates, as the Apple Inc. supplier shrugs off a smartphone slump and U.S. sanctions on Huawei Technologies Co. to ride demand for cutting-edge chips.The world’s largest contract chipmaker expects sales of $9.1 billion to $9.2 billion in the September quarter, ahead of average projections for about $8.9 billion. The Taiwanese company earlier reported a fall in June-quarter net income to NT$66.8 billion ($2.1 billion), surpassing the NT$65.7 billion estimated.TSMC’s solid outlook may allay fears of a persistent global chip downturn as Washington and Beijing clash. Its technological edge in chipmaking may help it grab an outsized portion of demand for advanced high-performance semiconductors, particularly as countries roll out ultra-fast fifth generation wireless networks. TSMC’s business has bottomed and should begin to rebound, Chief Executive Officer C. C. Wei said.“We have passed the bottom of the cycle of our business, and should see our demand increase,” he told reporters in Taipei Thursday. “We see very, very strong demand” in the second half of 2019.Click here to read a liveblog of TSMC’s post-announcement briefingOrders for crypto-mining gear are expected to help TSMC’s third-quarter sales, according to Morgan Stanley, which recently lifted its target price on the stock by 9%. The typical year-end ramp up of iPhone manufacturing and a new chip-product cycle from Advanced Micro Devices Inc. could also buoy the top line.“The guidance shows that management is confident on the recovery of demand in 2H, possibly boosted by new orders from AMD,” Bloomberg Intelligence Charles Shum said. “And, we expect the gross margin can return to 50%” by the fourth quarter.TSMC and its industry peers are grappling with a plateauing smartphone market, efforts by top customer Apple to move beyond hardware, and U.S. tech-export curbs that have hammered No. 2 customer Huawei. It previously reported a 4.5% slide in first-half revenue -- its worst January-to-June performance since 2011.While top executives expressed confidence that things are turning around, they warned of uncertainty springing from global trade tensions. Japan’s curbs on the export to South Korea of certain vital chipmaking materials could hammer industry players like Samsung Electronics Co., and further depress global smartphone demand.“The recent Japan-Korea dispute is probably the most uncertain” factor for TSMC’s fourth quarter, Chairman Mark Liu said.As the world’s largest player in the business of made-to-order chips, TSMC is a barometer for the broader industry as well as Apple, which accounts for about a fifth of its revenue. While uncertainty remains, its better-than-projected outlook underscores expectations the industry is bottoming out after a dismal few years, when consumers took longer to replace their smartphones and Bitcoin prices collapsed.The company on Thursday signaled its intention to invest for the future, saying its spending on capacity and upgrades could exceed $11 billion this year.TSMC’s shares stood largely unchanged before the announcement and have gained more than 12% this year.(Updates with commentary around Japan and Korea from the 7th paragraph.)\--With assistance from Cindy Wang, Gao Yuan, Sheryl Tian Tong Lee and Adela Lin.To contact the reporter on this story: Debby Wu in Taipei at dwu278@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Financial Times2 days ago

    TSMC earnings slide moderates after strong June sales

    Earnings at Taiwan Semiconductor Manufacturing Company, the world’s largest contract chipmaker, fell again in the second quarter, but the pace of the drop eased after a strong pick up in sales in June.  ...

  • TSMC expects 5G earnings boost, flags South Korea-Japan spat as risk
    Reuters2 days ago

    TSMC expects 5G earnings boost, flags South Korea-Japan spat as risk

    Taiwan Semiconductor Manufacturing Co Ltd (TSMC) on Thursday said it expects a stronger half-year on 5G telecoms demand, and that a dispute over chip-making materials between Japan and South Korea is its most uncertain factor. The world's largest contract chipmaker reported a decline in second-quarter profit, but said demand is likely to recover during the rest of 2019 particularly from smartphone makers, hampered at present by the impact of a Sino-U.S. trade war. Taiwan's supply chain manufacturers have been navigating slowing global demand for smartphones - a primary source of revenue - as well as market disruption stemming from tit-for-tat import tariffs between China and the United States, plus the latter's ban on U.S. companies doing business with Chinese telecoms equipment maker Huawei Technologies Co Ltd.

  • TheStreet.com2 days ago

    TSMC Sees Second Half Chip Sector Rebound as 5G, Smartphone Demand Returns

    Taiwan Semiconductor, the world's biggest contract chipmaker and a lead supplier for Apple iPhones, posted modestly weaker second-quarter earnings but said a pick-up in 5G and smartphone demand would support the global semiconductor sector over the second half of the year.

  • TSMC Counts on New iPhones for Revival After Trade War Hit
    Bloomberg2 days ago

    TSMC Counts on New iPhones for Revival After Trade War Hit

    (Bloomberg) -- All eyes will be on Taiwan Semiconductor Manufacturing Co.’s outlook after the world’s largest contract chip manufacturer suffered its worst sales drop in nearly eight years.Analysts expect the company’s third-quarter estimates -- due today after the close of trading -- to point to a revival after it took a hit from slowing demand amid U.S.-China trade tensions. At stake is the stock’s $35 billion rebound in market value since a January low.Apple Inc.’s ramp up of iPhone manufacturing and a new product cycle from Advanced Micro Devices Inc. are seen by Bank of America Merrill Lynch analysts to lift sales, which would also be boosted if President Donald Trump loosens trade restrictions on key customer Huawei Technologies Co.TSMC’s Sales May Swing Back to Growth on Huawei Orders: ReactAnalysts have forecast sales in the period to grow 15% from a quarter earlier, according to the average of 22 estimates compiled by Bloomberg. The company’s shares are up 12% this year, despite being whipsawed as the trade war escalated. They edged 0.6% higher Thursday morning.“The company’s second-half outlook looks to be improving, and third-quarter guidance will probably be strong given that some of the lingering uncertainty has started to fade,” said John Tsai, portfolio manager at Eastspring Investments Ltd. in Singapore. The trade spat between Japan and South Korea may also help TSMC, as Samsung Electronics Co. customers such as Qualcomm Inc. may seek to diversify, he added.TSMC saw sales drop 4.5% year-on-year in the first half, its worst performance since 2011. The company was grappling with the impact of a slowing global smartphone market and efforts by its biggest customer Apple to move beyond hardware. Then the trade war escalated into the U.S. blacklisting Huawei, TSMC’s second-largest customer.Yet its leading position in advanced technology, especially in 5G and artificial intelligence, helped it secure revenue. Chip orders for crypto mining are also expected to help TSMC’s third-quarter sales, according to Morgan Stanley, which recently lifted its target price on the stock by 9%.TSMC investors will also receive a NT$207 billion ($6.7 billion) dividend payout Thursday, according to stock exchange and company statements. The company is aiming for a dividend per share of at least NT$10 to lure value investors, something Bank of America Merrill Lynch analysts Robin Cheng and Mike Yang see as possible in 2020. They argue that rising free cash flow justifies a re-rating of the stock.Here are some highlights of 3Q 2019 estimates:Gross margin: 48.3% (19 estimates)Revenue: NT$276.6b (22 estimates)Net income (GAAP): NT$96.04b (20 estimates)Operating profit: NT$103.5b (15 estimates)Timing: release after market July 18(Updates prices.)To contact the reporters on this story: Cindy Wang in Taipei at hwang61@bloomberg.net;Debby Wu in Taipei at dwu278@bloomberg.netTo contact the editors responsible for this story: Sofia Horta e Costa at shortaecosta@bloomberg.net, David Watkins, Philip GlamannFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • One Chipmaker May Tell ETF Traders Everything About Earnings
    Bloomberg3 days ago

    One Chipmaker May Tell ETF Traders Everything About Earnings

    (Bloomberg) -- Exchange-traded fund investors have a lot riding on earnings from Taiwan Semiconductor Manufacturing Co. this Thursday.Almost 90% of the iShares PHLX Semiconductor ETF and the VanEck Vectors Semiconductor ETF -- the two largest semiconductor ETFs -- is in some way connected to the company, known as TSMC, according to Bloomberg supply-chain data. Semiconductor equipment suppliers like ASML Holding NV, Applied Materials Inc., and KLA Corp. all derived more than 10% of their revenue from TSMC in the previous quarter, the data show.For example, about 15% of Applied Materials’ fiscal second-quarter revenue came from its relationship with TSMC. Applied Materials has about a 4% weight in both the SOXX and SMH funds.Most major semiconductor companies don’t make the chips themselves. Instead, they will design them and outsource production to another company, like TSMC. TSMC is the world’s largest contract manufacturer of chips.TSMC “is unequivocally critical to the industry” and its earnings forecast will be closely watched by investors, said Bloomberg Intelligence analyst Anand Srinivasan. “Guidance is critical and color for the second half -- especially for smartphone chips -- may set the tone for how chip vendors are planning supply in anticipation of demand.”Performance of semiconductor stocks has been highly volatile so far in 2019, with swings of more than 10% up or down in four of the past six months, much more volatile than the S&P 500, according to Bloomberg Intelligence. After a wave of optimism that drove stocks to record highs this spring, investors have been growing increasingly skeptical that demand, pricing and inventory levels will improve in the second half of this year.\--With assistance from Tom Lagerman.To contact the reporter on this story: Carolina Wilson in New York City at cwilson166@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Rachel EvansFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GuruFocus.com10 days ago

    Spiros Segalas' Top 5 Buys of the 2nd Quarter

    Guru’s largest new position is Qualcomm

  • TheStreet.com10 days ago

    TSMC's Sales Beat Is Encouraging News for Chip Stocks

    The chip manufacturing giant, whose clients include Apple, Nvidia, AMD and Qualcomm, just reported strong June sales and beat its Q2 revenue guidance.

  • Japan-Korea Spat Threatens to Upend Global Technology Chain
    Bloomberg11 days ago

    Japan-Korea Spat Threatens to Upend Global Technology Chain

    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Resurgent tensions between Japan and South Korea threaten to wallop chipmakers from Samsung Electronics Co. to SK Hynix Inc., upsetting a carefully choreographed global supply chain by smothering the production of memory chips and other components vital to widely used devices.As the world fixates on Donald Trump’s campaign to contain Huawei Technologies Co. and China’s ambitions, a concurrent dispute between Beijing’s two richest neighbors also has far-reaching implications for the production of everything from Apple Inc. iPhones to Dell Technologies Inc. laptops. The industry is now scrambling to gauge the fallout after Japan -- citing longstanding and unresolved tensions -- slapped restrictions on exports to Korea of three classes of materials crucial to the production of semiconductors and cutting-edge screens.That maneuver, the most recent manifestation of decades of war-time tensions, places Samsung at the center of a firestorm and again underscores the global nature of the production machine that cranks out most of the world’s gadgets. Not only does it make memory chips, but Samsung is also the biggest producer of smartphones.Korea’s largest company has lost about 16 trillion won ($13 billion) in market value this month through Monday, while Hynix has shed 1.5 trillion won. The two companies -- which together account for 60% of the world’s memory chip-making capacity -- declined to comment.While inventory levels differ across each material, Samsung has under a month’s worth of supply on average, according to people familiar with the matter. Samsung and SK Hynix are busily sourcing alternatives, the people said, asking not to be identified talking about a sensitive political issue. The two Korean giants assured clients they would try to minimize the impact on output, but Samsung, for one, is bracing for potential production cuts or even stoppages should the situation persist, the people said.That’s why the Korean conglomerate’s de facto leader, Jay Y. Lee, hopped on a jet to Tokyo over the weekend for emergency meetings with Japanese suppliers. It’s unclear how deeply felt the impact might be -- much depends on whether Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-In can work out a compromise. But in a worst-case scenario, flexible screens for iPhones and other mobile devices could sputter, while memory chips used in everything from HP Inc. notebooks to Amazon.com Inc. servers could dwindle.“This is an unprecedented event,” said Jongjun Won, chief executive officer at Lime Asset Management Co. “If it’s lucky, the chip industry may be able to adjust inventories. There could be a happy ending if the Japan issue gets resolved in the meantime. However, the intertwining of politics and business is making it difficult to find a solution.”The dispute has spilled over into social media. South Koreans, angered by Japan’s move, have taken to Instagram and other platforms to call for boycotts of Japanese travel and consumer products.Japan’s targeting a trio of materials that, while little-known outside of the industry, is profoundly important for electronics production. The government says they also have sensitive military applications. Within the tech sector, fluorinated polyimide is required for the production of foldable panels -- such as those used in Samsung’s Galaxy Fold -- among other things. Photo-resists are key to chipmaking, while hydrogen fluoride is needed for both chip and display production.Finding substitutes won’t be easy: Korean corporations now depend on Japan for over 90% of all the fluorinated polyimide and resists it needs, and 44% of its hydrogen fluoride requirements, Societe Generale estimates. Ironically, if the dispute drags on, Japanese suppliers of those chemicals -- companies from JSR Corp. to Shin-Etsu Chemical Co. that comprise a small but inextricable link in the chain -- could take a hit as well.“This could be a negative factor for the world economy,” Huh Nam-Kwon, CEO at Shinyoung Asset Management Co, said by phone. “All we need to do is wait and see how the situation goes. Just one word from Abe could decide anything. It’s hard to predict.”The most significant impact will be on Samsung’s next-generation products: foldable displays as well as chips of 7 nanometer line-widths or less that’re made via the so-called extreme ultra-violet (EUV) process. That puts at risk Samsung’s express goal of investing $116 billion to become the No.1 in the logic chip business by 2030. Without Japan’s materials, Samsung may be hamstrung in efforts to develop an EUV-based foundry business and in advanced memory chipmaking.Their rivals may step in to fill that gap in the interim. Micron Technology Inc., the only other memory chip maker of significance, stands to benefit. Taiwan Semiconductor Manufacturing Co. could further widen its lead over Samsung when it comes to made-to-order chips, vying for Samsung customers like Qualcomm Inc. and Nvidia Corp.“There will be considerable impact on both sides,” said Heungchong Kim, a senior research fellow at the Korea Institute for International Economic Policy. “Those materials are not something that can be replaced in a short period. This is becoming a weird situation.”The situation may worsen if Japan removes South Korea from a so-called “White List” of countries treated as presenting no risk of weapons proliferation, a move Tokyo is now considering.Japan and Korea have traditionally turned to the U.S. to mediate in their clashes, but it’s unclear this time if Trump is keen to step into the fray. Compounding the situation are the basic mechanics of the restrictions. While not a ban per se, would-be exporters of the affected materials need to obtain a license from the government. That could take up to 90 days -- an eternity for a fast-moving industry.There’s also disagreement by industry analysts over which corporations exactly will get hit hardest, in part because some Japanese firms have either localized production in South Korea or maintain plants in countries such as China.“In the near-term, we do not expect Korean companies’ major customers to move to other component vendors due to high switching costs and long qualification process times,” said J.J. Park, head of Korean equity research at JP Morgan. But “if there is a bottleneck due to a shortage of key materials resulting from Japan’s curb on export of materials, we can’t rule out potential market-share loss to their peers.”Japan’s Sumitomo Chemical Co. is a key supplier of polyimides, according to Taipei-based WitsView and Isaiah Research -- but company representatives deny it makes the material. IHS Markit analyst David Hsieh said in addition to Sumitomo Chemical, SKC -- like Hynix, an affiliate of the giant SK Group -- or Kolon Industries are viable local substitutes.JSR is a major resist producer, while the global hydrogen fluoride market is dominated by Kanto Denka Kogyo Co., Showa Denko KK and Daikin Industries Ltd., according to Taipei-based Isaiah Research. Resist manufacturer Tokyo Ohka Kogyo Co. said it already supplies South Korean customers locally. Daikin said the restrictions will have no impact on its hydrogen fluoride because the materials are made in China, while Morita Chemical Industries Co. is building a plant there that will go online next year.“While high levels of semiconductor inventory might provide some cushion, time may not be on Korea’s side,” Citigroup economists Jin-Wook Kim and Johanna Chua said in a recent note. “Displacing Korean chips would disrupt the supply chain because building alternative sources needs specific technology and sizable capex.”(Updates with analyst’s comments from the 18th paragraph.)\--With assistance from Heejin Kim, Yuki Furukawa and Isabel Reynolds.To contact the reporters on this story: Sohee Kim in Seoul at skim847@bloomberg.net;Debby Wu in Taipei at dwu278@bloomberg.net;Pavel Alpeyev in Tokyo at palpeyev@bloomberg.netTo contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Edwin Chan, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 3 Reasons to Take a Shot at Nvidia Stock Now
    InvestorPlace15 days ago

    3 Reasons to Take a Shot at Nvidia Stock Now

    The past nine months have been nothing less than miserable for Nvidia (NASDAQ:NVDA). Since peaking near $293 per share in October of last year, Nvidia stock price has dropped to a low of $124.46, and its couple of rebound efforts in the meantime have been less than permanent.Source: Shutterstock The current Nvidia stock price near $163 is still just over half of what it was less than a year ago.Certainly the underpinnings of NVDA's weakness are understandable. They include the rebirth of rival Advanced Micro Devices (NASDAQ:AMD), the implosion of the cryptocurrency mining industry and a tariff war with China, all of which are still key factors weighing on investors' minds.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Dividend Stocks to Buy From Across the Globe The degree of the punishment doesn't fit the scope of the crime, however, and three recent developments may well prove to be the excuse sidelined bulls are waiting for to file back into NVDA. RTX Super CardsWhether it's by design or just a simple coincidence is unclear, but the two big graphics processing powerhouses -- AMD and Nvidia -- rarely launch new products at the same time.That dynamic let Advanced Micro Devices steal some graphics processing unit (GPU) market share last quarter, driven by purchases of AMD's then-new 7 nanometer Radeon VII as well as its updated Polaris family.NVDA appears to have only been biding its time, however. The company's new GeForce RTX 2070 Super and GeForce RTX 2060 Super graphics cards, launching this month, deliver more power at the same price AMD is charging for its most comparable discreet GPUs.The current quarter could be better than expected for NVDA. Getting a Cheap Price From SamsungRather than tapping Taiwan Semiconductor Manufacturing (NYSE:TSM) as the manufacturer of its Ampere GPUs slated to debut in 2020, NVDA has asked Samsung Electronics (OTCMKTS:SSNLF) to handle the load. That may mean little on the surface to the layperson, but to technophiles, it matters.Details of the deal are scant, but most credible rumors seem to suggest that Samsung offered Nvidia a price it couldn't refuse. Either NVDA will enjoy wide margins on the GPUs or it will be able to pass those savings along to customers.It's often a risky move to switch suppliers and contracted manufacturers. Samsung has done similar work for NVDA in the past, though, and the Korean firm isn't exactly an unknown name in the business. MellanoxFinally, in March of this year, Nvidia announced that it intended to buy Israel's Mellanox Technologies (NASDAQ:MLNX), which makes internet switches and adapters, offering $6.9 billion in cash for the company.China, however, could still scuttle the deal.Chinese regulators could claim the pairing violates its antitrust standards. It's a stretched argument, but that scenario could still play out And, given the trade war tensions in place now, Beijing could easily run such interference for purely political reasons.Following a relatively amicable G20 summit that ended in an agreement to at least not impose any new tariffs on trade between China and the United States, however, China may choose to offer another olive branch by not impeding the acquisition.Mellanox would provide Nvidia with an even stronger hold on the data center market. The Bottom Line on NVDA StockDon't kid yourself. For better or worse,rhetoric and perception has done most of the damage to Nvidia stock, and it's a change in the rhetoric and perception that will lift Nvidia stock price again. This is, as much as anything else, a psychological situation.None of the three aforementioned developments is earth-shattering, but all are high-visibility developments that can quickly improve sentiment towards Nvidia stock, setting the stage for a sizable rebound.But there's still the impasse with China, which supplies Nvidia with half of its revenue. Even with no new tariffs being established, existing ones remain in place. There's little doubt that NVDA has felt their impact.Eventually, however, the tariffs will be rescinded or Nvidia will figure out a way to adapt to them. The deeper dive into data centers is one such adaptation. Switching production of its GPU to Samsung is another.Meanwhile,analysts' average price target for Nvidia stock is about $182; the most bullish analyst has a $225 price target on the name. Though those are forward-looking targets on NVDA, the company's got enough fresh firepower in its arsenal to justify prices somewhere between those two figures.It increasingly looks like investors are starting to recognize that reality, too.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Should Be Every Young Investor's First Choice * 5 IPO Stocks to Buy -- According to Wall Street Analysts * The Top 10 Best Sectors in the Market for 2019 The post 3 Reasons to Take a Shot at Nvidia Stock Now appeared first on InvestorPlace.

  • Asia-Pacific Update: Most Indexes Fall—with a Few Exceptions
    Market Realist17 days ago

    Asia-Pacific Update: Most Indexes Fall—with a Few Exceptions

    Australia’s S&P ASX 200 was the best-performing index in the Asia-Pacific region on July 3. The index gained 0.59% on the day to end near its 12-year high at 6,685.5.

  • Easing of China trade war is helping this beleaguered tech sector the most
    MarketWatch18 days ago

    Easing of China trade war is helping this beleaguered tech sector the most

    Chip-related stocks lead the broader tech sector higher following a truce in the trade war with China, which threatens to drag heavily on suppliers of semiconductors.