3 Chip Suppliers Enjoying Taiwan Semiconductor's Record Profits
Portfolio Pulse from
Chip suppliers ASML Holding NV, Broadcom Inc, and Lam Research Corp are seeing stock price increases following Taiwan Semiconductor's report of record quarterly profits and expected revenue growth due to strong AI processing chip demand.
January 16, 2025 | 8:00 pm
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POSITIVE IMPACT
ASML Holding NV's stock is up following Taiwan Semiconductor's record profits and positive revenue outlook, driven by AI chip demand.
ASML is a key supplier to Taiwan Semiconductor, and TSM's strong performance and positive outlook suggest increased demand for ASML's products, boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Broadcom Inc's stock is benefiting from Taiwan Semiconductor's record profits and expected revenue growth due to AI chip demand.
Broadcom, as a supplier to Taiwan Semiconductor, is likely to see increased demand for its products, leading to a positive impact on its stock price.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Lam Research Corp's stock is up following Taiwan Semiconductor's report of record profits and a positive revenue outlook driven by AI chip demand.
Lam Research, as a supplier to Taiwan Semiconductor, benefits from TSM's strong performance and growth expectations, likely increasing demand for LRCX's products.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70