TSMC is thriving in the AI boom! Check out the leading stocks in the USA and Japan from its major customers and suppliers!

Supported by a significant increase in revenue, it is expected that TSMC's profit growth will also accelerate.The adjusted earnings per share for the period from April to June are expected to increase by 30% compared to the same period of the previous year, and by 32% for the period from July to September (according to Bloomberg).After that, price increases are expected to contribute to improving profit margins.According to media reports, customers are willing to accept price increases related to TSMC's cutting-edge 3nm process that the company has presented. Based on this, TSMC is expected to enter into new medium- to long-term contracts with customers. The price increase demonstrates TSMC's strength in cutting-edge technology and is expected to contribute to the company's business expansion in the medium to long term.Stock priceThe semiconductor manufacturing equipment related to technologies like lasers is strong, with a psychological improvement due to the recovery of NVIDIA's stock in the U.S.The average target stock price comparison shows a 6% difference.Reflecting the recent trend.There is a 37% upside potential in comparison to the highest target stock price (*).is suggested.

TSMC's major customers
TSMC's major customers include Apple, NVIDIA, Taiwan's MediaTek, Broadcom, Qualcomm, AMD, and others.Apple is the largest customer.So, TSMC accounts for about 25% of the revenue.。NVIDIA accounts for 10%.、Broadcom, Qualcomm, and AMD each account for 6-7%.TSMC's strong revenue is believed to be supported by these major customers.

Here, we will check the performance outlook and potential upside of the five US-listed companies that account for over 5% of TSMC's revenue.

◆Although Apple's growth rate is in the single digits,the performance is expected to recover from the previous quarter.。
◆Despite the slowdown in iPhone sales and the delayed AI strategy, adjustments are being made.The company is reported to be aiming for a approximately 10% increase compared to the previous model for the next generation smart phone "iPhone 16". "The company is increasingly confident that the introduction of new AI services will stimulate demand for the new model." (Bloomberg report)
◆Stock pricehas already sharply rebounded since Juneexceeding the average target stock priceIndicating a 21% potential increase in comparison to the highest target stock price, reflecting the recent trendsis suggested.is suggested.

◆On a quarterly basis, it is expected to slow down from its rapid growth, but the growth rate is still high.It is still one of the top tech stocks in terms of growth rate.It is the leading player among the major tech stocks.
◆It has announced earnings that have exceeded market expectations for the past six consecutive quarters.Analysts have subsequently revised their target stock prices upwards, as it is currently the best-selling next-generation AI semiconductor, H100.Both H200 and the latest AI semiconductors Blackwell are experiencing strong demand.Both productsAs shipments begin (in the second half of the year), their contribution to performance will increase significantly.Is expected.
◆Stock prices continued to rise, temporarily surpassing the average target price, but with the current stock price adjustment and the increase in the target stock price by analysts,there is upside potential in the stock price.generated.On average, there is a 7% target stock price comparison.Reflecting the recent trend.There is a 57% potential for increase in the highest target stock price comparison.is suggested.

◆There is a forecast for continued stable high growth in revenue.。Earnings per shareAfter increasing in the current quarter,The outlook for accelerated growth。
◆Benefiting from the AI boom, it has two major businesses,Semiconductors and cloud servicesholding. In addition to Apple, major customers include alphabet and meta, which are developing custom semiconductors. nnvidia's major customers areWe are also creating custom AI semiconductors for hyperscalers.、Sales related to AI semiconductors have seen a rapid increase since last year.If sales of Apple's AI service-equipped iPhones are strong, it is expected that the traditional semiconductor business will also benefit.
◆Stock price Compared to the average target stock price, +13%、There is a 41% upside potential in comparison to the highest target stock price.is suggested.

◆Performance is In the short term, there is a large fluctuation However,In the medium to long term, there is a prospect of recovery 。
◆In the AI semiconductor field, there is a strong image of NVIDIA's dominance, and AMD is launching new products while trailing behind NVIDIA. AI semiconductor revenue is already contributing to performance.However,Not as much as NVIDIA, but it is expected that the expansion of the AI semiconductor market will also benefit the company.The proliferation of AI computers may also push up future performance.
◆Stock price 4% compared to the average target stock price., the highestThere is a 21% upside potential compared to the target stock price.is suggested.

TSMC's major suppliers
TSMC's major suppliers include US companies such as ASML, Applied Materials, and Lam Research, as well as Japanese companies such as Tokyo Electron, AGC, Shin-Etsu Chemical, and SCREEN. These companies can be broadly divided into two groups: semiconductor manufacturing equipment companies and semiconductor material companies.