TSMC's 2Q Results May Fuel Its US$420 Bil Rally as AI Demand Soars

(July 12): Taiwan Semiconductor Manufacturing Co’s (TSMC) US$420 billion (RM1.97 trillion) equity rally this year will get a valuation test next week when it reports earnings, with analysts expecting the chipmaker to raise full-year sales forecasts.

The Edge Markets05:32 ET

TSMC Could Raise Full-Year Guidance on Strong Order Visibility

0400 GMT - TSMC could raise its full-year revenue growth guidance to the high 20% range on strong order visibility, Citi analyst Laura Chen says in a note. The Taiwanese chip maker's better

WSJ00:00 ET

Taiwan Semiconductor (TSM.US) drives the AI wave, breaking a market cap of 420 billion US dollars! The Q2 profit storm will lead to a new market value leap.

The market widely expects that the upcoming quarterly earnings report of Taiwan Semiconductor will be very strong, which may further consolidate and expand its market cap leap.

Zhitong Finance23:10 ET

Express News | Shares of Semiconductor Stocks Are Trading Lower Amid Ongoing Market Volatility as the Market Pulls Back Following Recent CPI Data

Benzinga12:22 ET

Who will be the next member of the "Trillion Dollar Club"? Analysts believe that Eli Lilly and Co and Tesla have the greatest hopes.

Jim Cramer, head of CNBC's Investing Club, said today that in addition to seven companies such as Microsoft, Apple, and Nvidia, Tesla and pharmaceutical company Eli Lilly may soon join the "Trillion-Dollar Market Cap" club. Currently, only seven technology companies, including Apple, Microsoft, Nvidia, Saudi Aramco, Alphabet, Amazon, and Meta, have market caps exceeding 1 trillion US dollars. Taiwan Semiconductor's market cap also surged past 1 trillion US dollars this week. Among them, the market caps of three companies, Apple, Microsoft, and Nvidia, have all exceeded 1 trillion US dollars.

環球市場播報Jul 11 10:10 ET

Goldman Sachs pours cold water again: AI expenses already account for 25% of S&P 500's total expenses, and the valuation is at risk if they don't make money soon.

The rapidly growing US technology stocks have raised concerns among Wall Street analysts. More and more people are questioning whether too much investment has been put into the AI industry with little return.

wallstreetcnJul 11 09:36 ET