TSM, IBM, NXPI, TXN: What's Next For A.I. & The E.V./Hybrid Impact On Chip Stocks

TSMC (TSM) revenues, profit falls in 2Q after slump in chip demand. Jim Kelleher discusses tech earnings in focus. He talks about IBM Corp.'s (IBM) earnings. Its adjusted EPS came in at $2.18 versus an estimated $2.00 and revenue came in at $15.47B versus an estimated $15.54B. He also looks at the Vaneck ETF Trust Semiconductor ETF (SMH). He then goes over what's next for A.I. and the E.V. and hybrid impact on chip stocks. He previews Texas Instruments (TXN) earnings which will be released July 25th, postmarket. Its adjusted EPS is estimated at $1.76 and revenue is estimated $4.36B. NXP Semiconductors (NXPI) earnings are to be released July 24th. Its adjusted EPS is estimated at $3.27 and revenue is estimated at $3.20B. Tune in to find out more about the stock market today.