TAIWAN SEMICONDUCTOR MANUFACTURING forum
TSM Continue selling to reach 172-174.
TSM another once in a lifetime buying opportunity?
TSM looking for break of 193 zone
TSM is setting up for good long lets see how it reacts to 194 zone.
TSM TSMC, the world’s leading chipmaker, demonstrated strong performance in Q3, driven by rising demand for AI chips. The company’s net revenue rose by 36% to $23.5 billion, beating estimates by $0.2 billion. High-Performance Computing (HPC) now makes up 51% of total revenue, an increase from 42% the previous year. The company’s advanced 3nm technology contributed 20% of wafer revenue, up from 6% last year, underscoring the growing significance of cutting-edge chips in meeting AI needs. Gross and operating margins also exceeded expectations.TSMC increased its full-year 2024 revenue growth projection to 30%, up from the mid-20% range. It also expects capital expenditures to slightly surpass $30 billion in 2024, hitting the lower end of the previously projected $30-$32 billion range, with plans for increased spending in 2025.
The company remains focused on global expansion, including the construction of new fabs in Arizona, to support its customers’ growth and solidify its position as a leader in the semiconductor industry. Despite geopolitical challenges, TSMC reported an impressive quarter, positioning itself as a key player in the AI revolution. CEO C.C. Wei expressed optimism, stating, "The demand is real, and I believe it's just the beginning."
NVDA 
SPY 
NDX
TSM everybody wants to get their hands on TSMC and Nvidia's chips
TSM A good entry for long?