All Eyes Are On Tsmc Earnings As The Chipmaker Industry Faces Slowdown Worries

Visitors taking photofs at a TSMC booth at the 2024 World Semiconductor Congress in Nanjing, China.CFOTO/Future Publishing/Getty ImagesInvestors are awaiting TSMC earnings for signs of what's to come for the chip sector. AMSL sparked a panic on Tuesday as it slashed sales guidance for 2025. TSMC, a key customer of ASML, already reported revenue that exceeded expectations.

BING NEWS:
  • All eyes are on TSMC earnings as the chipmaker industry faces slowdown worries
    ASML slashed guidance on Tuesday, leading to a sell-off in chip stocks and raising the stakes for TSMC's upcoming earnings report.
    10/16/2024 - 8:05 am | View Link
  • A tech snafu drags US stocks down, as investors grapple with an untidy China market
    As Asian investors gear up to take the baton, sentiment and risk appetite will likely remain subdued after a Wall Street selloff. Despite solid earnings from financial powerhouses like Goldman Sachs, ...
    10/15/2024 - 2:18 pm | View Link
  • TSMC third-quarter profit seen jumping 40% on strong AI chip demand
    Taiwan Semiconductor Manufacturing Co (TSMC) is expected to post a 40% increase in third-quarter profit driven by strong demand for AI applications. Key clients like Apple and Nvidia are heavily ...
    10/13/2024 - 3:19 pm | View Link
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