HomeTechFAANGTSMC (TSM) Soars On Bullish Outlook

TSMC (TSM) Soars On Bullish Outlook

TSMC (TSM) soars on a bullish outlook. Kim Forrest and Logan Gilland discuss the takeaways from the latest TSMC earnings. They talk about how TSMC beat earnings estimates in its 4Q report. TSMC’s adjusted EPS came in at $1.44 versus an estimated $1.37 and revenue came in at $19.62B versus an estimated $18.99B. Forrest notes that she still likes AMD (AMD), Intel (INTC), and Micron (MU). They then go over the state of semiconductor stocks. They look at how TSMC expects delays at their second semiconductor plant in Arizona. Tune in to find out more about the stock market today.

Trading 360

18 Jan 2024

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