TSMC Q1 FY12/24 Earnings Review

TSMC Q1 FY12/24 Earnings Review
Photo by Laura Ockel / Unsplash

Earnings season. Let’s go.

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Simple, It Isn’t.

by Alex King

These are the real-world factors that lie beneath TSMC’s stock price.

  • Will China actually, or even with-gusto feint towards, invading Taiwan?
  • Will advanced semiconductor volume hold up across the board or only from Nvidia?
  • Will Intel’s foray into merchant fabrication make any near-term headway into TSM’s more-or-less monopoly in small feature size?

Then you have all the, you know, revenue and earnings and cashflow and stuff.

The company just reported its Q1 of FY12/24 this morning before the open. We run through the numbers, valuation and stock price outlook below, for our paying Market Insight and Inner Circle subscribers.

Fundamental Analysis