First, let's talk about TSMC
Freshly released financial reports:
1). Main financial data: Q2 net revenue was NT$673.51 billion, up 40.1% year on year; net profit: Q2 net profit: Q2 net profit was 247.85 billion NTD, exceeding market expectations, up 36.3% year on year; operating profit: Q2 operating profit was 286.56 billion NTD, estimated at NT$274 billion, up 42% year on year; gross profit margin for Q2 reached 53.2% month on month It rose 0.1 percentage points to 52.6%, and the forecast for the first quarter was 51%-53%.
2). Prospects for sales: Sales are expected to be 22.4 billion US dollars to 23.2 billion US dollars in the third quarter, raising the annual sales growth forecast in dollars to above the 20% mid-range, from 21%-26% to 24%-26%. Operating margin: The operating margin for the third quarter is expected to be 42.5% to 44.5%, and the market estimates 42.1%. Gross profit margin: The gross margin for the third quarter is expected to be 53.5% to 55.5%, and the market estimates 52.5%.
3). Capital expenditure: Raise the lower limit of capital expenditure for the year. The annual capital expenditure is expected to be 30 billion US dollars to 32 billion US dollars. The previous capital expenditure guideline was 28 billion US dollars to 32 billion US dollars, and the market estimate was 29.55 billion US dollars.
Looking at technical trends, I'll go back to the explanation video at the beginning of the year. As long as the blue ladder is still on top of the yellow ladder, hold it:
Money now...