What's Going On With Taiwan Semi Stock On Tuesday?
Portfolio Pulse from Anusuya Lahiri
Taiwan Semiconductor Manufacturing Co (TSMC) is set to significantly increase its capital expenditures in 2025, driven by strong demand and advancements in its 2nm process technology. This move is expected to benefit ASML Holding and Applied Materials Inc, as well as related third-party manufacturers. TSMC is a key supplier to Nvidia Corp. Investors can gain exposure to the semiconductor sector via VanEck Semiconductor ETF and SPDR Select Sector Fund – Technology.
July 02, 2024 | 1:12 pm
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POSITIVE IMPACT
Applied Materials Inc is expected to benefit from TSMC’s increased capital expenditures, as it supplies equipment used in semiconductor manufacturing.
TSMC's increased capital expenditures will likely lead to higher demand for Applied Materials' equipment, positively impacting AMAT's revenue and stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70
POSITIVE IMPACT
ASML Holding is anticipated to benefit from TSMC’s increased capital expenditures, as TSMC is a major customer for ASML's lithography equipment.
TSMC's increased capital expenditures will likely lead to higher demand for ASML's lithography equipment, positively impacting ASML's revenue and stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70
POSITIVE IMPACT
Nvidia Corp, a key customer of TSMC, may see indirect benefits from TSMC's increased capital expenditures and advancements in 2nm technology.
As a key customer of TSMC, Nvidia may benefit from the advancements in TSMC's technology, potentially leading to better performance and efficiency in Nvidia's products.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
VanEck Semiconductor ETF, which includes TSMC and other semiconductor companies, is likely to benefit from the positive outlook in the semiconductor sector.
The positive outlook for TSMC and the semiconductor sector is likely to boost the performance of the VanEck Semiconductor ETF, which includes TSMC and other related companies.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
TSMC is set to increase its capital expenditures significantly in 2025, driven by strong demand and advancements in its 2nm process technology. This is expected to positively impact TSMC's stock in the short term.
The increase in capital expenditures indicates strong future growth prospects and demand for TSMC's advanced technologies, which is likely to positively impact the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
SPDR Select Sector Fund – Technology, which includes TSMC and other tech companies, is likely to benefit from the positive outlook in the semiconductor sector.
The positive outlook for TSMC and the semiconductor sector is likely to boost the performance of the SPDR Select Sector Fund – Technology, which includes TSMC and other related companies.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60