United

Gains

<div class="textg" style="text-align: justify; font-weight: lighter; line-height: 1.3em; font-size: 15px; border-radius: 3px; color: #80909a; padding: 10px; background-color: #F4F6F9; margin-bottom: 15px;">
 Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">website policy</a>&nbsp;prior to making financial decisions.
</div>
<p class="has-drop-cap">Taiwan Semiconductor Manufacturing Company (NYSE: TSM) has been experiencing significant stock price surge after reporting its latest earnings. The company’s strong earnings and revenue growth have contributed to the over 4% jump in US-listed shares of the firm today.</p>
<h3 id="tsm-stock-up-78-over-the-past-year">TSM Stock Up 78% Over the Past Year</h3>
<p>At the time of writing, TSM’s stock price stands at $149.04, reflecting a recent increase of 4.38%. The company has delivered substantial returns to its investors, with a year-to-date return of 43.89% and a remarkable 78.43% increase over the past year. <br><br>Looking at the long-term performance, TSM’s stock has skyrocketed by 293.58% in the last five years. The company’s market capitalization has reached an impressive $637.90 billion, and its trailing <a href="https://tokenist.com/investing/p-e-ratio/" rel="noopener noreferrer nofollow" class="deco-link">Price to Earnings (P/E) ratio</a> is 27.56. <br><br>TSM has reported a revenue of $2.25 trillion and a net income available to common stockholders of $857 billion, resulting in a profit margin of 38.16%. Analysts have provided various <a href="https://www.nasdaq.com/market-activity/stocks/tsm/analyst-research" target="_blank" aria-label="price targets for TSM (opens in a new tab)" rel="noopener noreferrer nofollow" class="deco-link">price targets for TSM</a>, with a high estimate of $188.00 and a low of $150.00.</p>
<div class="cta-referral"><img src="https://tokenist.com/wp-content/themes/thetokenist/assets/img/del/cta-referral-1.png" alt="" class="cta-referral__img" loading="lazy" decoding="async">
 <div class="cta-referral__text">
  <p>Join our&nbsp;<a href="https://t.me/thetokenist" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">Telegram group&nbsp;and never miss a breaking story.</a></p>
 </div>
</div>
<h3 id="tsm-reports-60-y-y-revenue-surge-driven-by-ai-demand">TSM Reports 60% y/y Revenue Surge Driven by AI Demand</h3>
<p>TSM has been reporting strong financial results, driven by the increasing demand for advanced semiconductors used in <a href="https://tokenist.com/3-small-cap-ai-stocks-with-serious-growth-potential/" rel="noopener noreferrer nofollow" class="deco-link">artificial intelligence (AI)</a> applications. <br><br>In April, the company’s revenue surged by nearly 60% year-over-year, reaching approximately $7.2 billion. For the first quarter, TSM’s revenue increased by 13% compared to the same period last year, totaling $18.87 billion. The company anticipates continued growth, with a projected 27.6% increase in revenue for the second quarter.</p>
<p>TSM’s ongoing robust performance can be attributed to the sustained high demand for its cutting-edge semiconductor products. The company’s strategic expansions in the United States and Japan aim to mitigate risks associated with its production concentration in Taiwan, considering the geopolitical concerns surrounding the region. <br><br>These expansions are expected to further strengthen TSM’s position in the global semiconductor market and help the company navigate potential challenges arising from geopolitical tensions.</p> <iframe src="https://tokenist.substack.com/embed" width="100%" height="320" style="border:1px solid #EEE; background:white;" frameborder="0" scrolling="no"></iframe>
<p><strong><em>Do you think TSM’s geopolitical risks are something investors should worry about, given its current place in the global semiconductor industry? Let us know in the comments below.</em></strong></p>
<p><em>Disclaimer: The author does not hold or have a position in any securities discussed in the article.</em></p>
<h3 id="br"><br></h3>
<p>The post <a rel="noopener noreferrer nofollow" href="https://tokenist.com/tsm-stock-gains-after-firm-reports-60-increase-in-y-y-revenue/">TSM Stock Gains After Firm Reports 60% Increase in Y/Y Revenue</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://tokenist.com">Tokenist</a>.</p>

TSM Stock Gains After Firm Reports 60% Increase in Y/Y Revenue

목차

Tokenist

2024년 5월 10일에 게재된 다른 기사

2 cryptocurrencies to reach $1 billion market cap in May

Altcoins Recovery Soon? Analyst Predicts Altcoins Will Bottom Shortly

South Korea’s New Regulation Will Delist Several Cryptos

Saakuru and Blockpass Partner for Compliance in the Best Economic Opportunities Web3 Offers

Binance Implements Changes in Trading Pairs and Margin Trading

4 Cryptocurrencies Poised for Market Surges This Week

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!