TSMC Q3: The Ultimate AI Weather Vane
TSMC(TSM) Seeking Alpha·2024-10-18 21:52
Taiwan Semiconductor Manufacturing (NYSE: TSM ) reported better-than-expected earnings for its third fiscal quarter on Thursday, lifting not only TSMC but the entire chip sector up. The strong earnings report, which showed quite significant earnings and free cash flow explosion at the chipAnalyst’s Disclosure: I/we have a beneficial long position in the shares of TSM, NVDA, AMD, AVGO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. ...