Tag: TSMC

ASML Stock Etches Buy Point As TSMC, Intel Expand Production

Semiconductor industry giants Intel (INTC), Taiwan Semiconductor (TSM), Samsung Electronics and others are gearing up to expand their production capacity. That puts ASML (ASML) — the world’s only manufacturer of extreme ultraviolet lithography equipment used in chipmaking — in an enviable position. It also helps put ASML stock on the IBD Leaderboard list of top growth […]

Goldman Team Finds Alternative to Crowded TSMC Arbitrage Trade

(Bloomberg) — It has become one of the most popular — and more recently, painful — trades among arbitrageurs on Wall Street: buying Taiwan Semiconductor Manufacturing Co.’s lower-valued Taipei shares and shorting the US stock on hopes prices will converge. Most Read from Bloomberg Goldman Sachs Group Inc. is now highlighting a zero-cost alternative. Investors […]

TSMC Nears $1 Trillion Valuation as Target Upgrades Boost Rally

(Bloomberg) — The bullish chorus on Taiwan Semiconductor Manufacturing Co. is growing even louder as a stock rally puts its market capitalization closer to the $1 trillion milestone. Most Read from Bloomberg A flurry of Wall Street brokerages have lifted their price targets for TSMC this week, citing surging AI-related demand and potential price hikes […]

A Popular Arbitrage Trade Backfires as TSMC Frenzy Grows in US

(Bloomberg) — The long-favored arbitrage strategy of buying Taiwan Semiconductor Manufacturing Co.’s Taipei shares while shorting its US listing is starting to become painful. Most Read from Bloomberg The enthusiasm over artificial intelligence in the US has pushed TSMC’s American depositary receipts to their most expensive price versus the Taiwan stock since 2009 this quarter, […]

Why TSMC Stock Is Jumping Today

Taiwan Semiconductor Manufacturing (NYSE: TSM) stock is making big gains in Wednesday’s trading. The chip fabrication leader’s share price was up 4.8% as of 2: 15 p.m. ET, according to data from S&P Global Market Intelligence. While there wasn’t much in the way of business-specific news pushing the company’s share price higher, TSMC stock benefited […]

TSMC says it has discussed moving fabs out of Taiwan, but such a move impossible

HSINCHU, Taiwan (Reuters) -Taiwanese contract chipmaker TSMC has held talks with its customers about whether to move its fabrication plants off the island amid increased tensions with China, although such a move would be impossible, a senior executive said on Tuesday. Speaking to reporters after the company’s annual shareholder meeting in Hsinchu, where TSMC is […]

TSMC Stock vs. Intel Stock vs. ASML Stock

Fool.com contributor Parkev Tatevosian compares TSMC (NYSE: TSM) with Intel (NASDAQ: INTC) and ASML (NASDAQ: ASML) to determine the better semiconductor stock to buy today. *Stock prices used were the afternoon prices of May 30, 2024. The video was published on June 1, 2024. Should you invest $1,000 in Intel right now? Before you buy […]