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Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM) is riding on a positive momentum as it prepares for the announcement of the fourth quarter earnings on January 16th.
Revenue saw a remarkable increase of 57.8% year-on-year.
The semiconductor giant reported that its net revenue in December 2024 reached 278.16 billion Taiwanese dollars (approximately 8.44 billion US dollars), marking a 57.8% increase compared to the previous year and solidifying a 33.9% annual revenue increase compared to 2023.
Despite the recent turbulence in the Technology Sector, TSM stocks have recorded an impressive increase of 7.91% in the past month and 5.03% in the last 5 days.
According to the data from Benzinga Pro, Wall Street is forecasting an EPS of $21.9 and revenue of approximately $26.19 billion for the fourth quarter, with investors looking forward to a potentially blockbuster quarter.
The TSM stock price chart depicts a bullish situation. The technical environment portrays a bullish scenario for TSM stocks.
TSM stocks are at $206.17, steadily surpassing the major moving averages.
Revenue saw a remarkable increase of 57.8% year-on-year.
The semiconductor giant reported that its net revenue in December 2024 reached 278.16 billion Taiwanese dollars (approximately 8.44 billion US dollars), marking a 57.8% increase compared to the previous year and solidifying a 33.9% annual revenue increase compared to 2023.
Despite the recent turbulence in the Technology Sector, TSM stocks have recorded an impressive increase of 7.91% in the past month and 5.03% in the last 5 days.
According to the data from Benzinga Pro, Wall Street is forecasting an EPS of $21.9 and revenue of approximately $26.19 billion for the fourth quarter, with investors looking forward to a potentially blockbuster quarter.
The TSM stock price chart depicts a bullish situation. The technical environment portrays a bullish scenario for TSM stocks.
TSM stocks are at $206.17, steadily surpassing the major moving averages.
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$Gorilla Technology (GRRR.US)$
NewsFilecorp.com
January 13, 2025 8:00 AM EST | Source: Gorilla Technology Group Inc.
London, United Kingdom--(Newsfile Corp. - January 13, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") CEO Jay Chandan responded to recent market concerns raised by shareholders following the stock's recent fluctuation and reiterated the Company's strong financial posit...
NewsFilecorp.com
January 13, 2025 8:00 AM EST | Source: Gorilla Technology Group Inc.
London, United Kingdom--(Newsfile Corp. - January 13, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") CEO Jay Chandan responded to recent market concerns raised by shareholders following the stock's recent fluctuation and reiterated the Company's strong financial posit...
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While AI continues to be in the spotlight, the expansion of Datacenter space to support infrastructure has become a major trend. Large high-tech companies have already shown a strong interest in investing since last year, and as we approach 2025, major companies are expanding their investments one after another.
$Microsoft (MSFT.US)$To build Datacenters capable of handling AI workloads, it has been announced that $80 billion will be invested in AI Datacenters in fiscal year 2025.
$Amazon (AMZN.US)$Amazon Web Services (AWS), the cloud computing division of the company, is planning to invest at least $11 billion in the state of Georgia to expand infrastructure and support various cloud computing and AI technologies.
Of note, Donald Trump, the future President of the USA, has announced plans to invest at least $20 billion to establish new Datacenters nationwide.
According to a survey by the technology intelligence company ABI Research, by the end of 2024, there will be 5697 public data centers around the world in Asia-Pacific, Europe, and North America.
$Microsoft (MSFT.US)$To build Datacenters capable of handling AI workloads, it has been announced that $80 billion will be invested in AI Datacenters in fiscal year 2025.
$Amazon (AMZN.US)$Amazon Web Services (AWS), the cloud computing division of the company, is planning to invest at least $11 billion in the state of Georgia to expand infrastructure and support various cloud computing and AI technologies.
Of note, Donald Trump, the future President of the USA, has announced plans to invest at least $20 billion to establish new Datacenters nationwide.
According to a survey by the technology intelligence company ABI Research, by the end of 2024, there will be 5697 public data centers around the world in Asia-Pacific, Europe, and North America.
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$Jumia Technologies (JMIA.US)$
Sold everything except for Jumia and welcomed the New Year. Various stocks plummeted this morning.
Hehe, MOOMOO can be bought until 9:00, so I bought various items.
Sold everything except for Jumia and welcomed the New Year. Various stocks plummeted this morning.
Hehe, MOOMOO can be bought until 9:00, so I bought various items.
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