HomeTechTechnologyTSM Hits All-Time High Ahead of Earnings, Needs 'Blowout Quarter' to Rally

TSM Hits All-Time High Ahead of Earnings, Needs 'Blowout Quarter' to Rally

Olivier Blanchard believes TSMC (TSM) has more room to move to the upside with its earnings Thursday morning. He expects a "continuation of what we've already seen" with A.I. growth, especially through customers like Nvidia (NVDA) and Apple (AAPL). Jay Woods adds that "this stock has been crushing it" when it comes to stock momentum. However, he makes the case that TSMC needs a "blowout quarter" in earnings and guidance to rally.

The Watch List

16 Jul 2025

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