Вештачка интелигенција

TSMC Envisions Growth and Profitability in 2024

Summary

Taiwan Semiconductor Manufacturing Company (TSMC), the leading contract chipmaker, is optimistic about overcoming the organizational and financial challenges that arose last year. According to a report by investment bank Morgan Stanley, TSMC expects to achieve profitability in 2024, as reported […]

TSMC optimističan u pogledu rasta i profitabilnosti u 2024. godini

Taiwan Semiconductor Manufacturing Company (TSMC), the leading contract chipmaker, is optimistic about overcoming the organizational and financial challenges that arose last year. According to a report by investment bank Morgan Stanley, TSMC expects to achieve profitability in 2024, as reported by Taiwanese news portal UDN.

One of the key industrial trends that has constrained chip production capabilities is the reduction in semiconductor feature size, which requires rare and expensive high-quality machines. However, TSMC is set to capture a larger market share thanks to its extreme ultraviolet (EUV) lithography technology.

According to the investment bank’s forecast, TSMC’s stock prices could reach 680 to 880 new Taiwanese dollars, approximately 20 to 25 euros. These prices have been revised lower due to the challenges TSMC faced during the previous year, caused by disruptions in the industry due to the COVID-19 pandemic. Nevertheless, the best-case scenario has increased the projected stock price by 10%.

TSMC has several factors that will support its growth in the coming years. This includes the faster migration of users to the 3nm technology, development of EUV machines, potential exit of companies like Intel or Samsung from leading chip production, and the growth of trends such as artificial intelligence.

Despite the optimistic outlook for the future, there are several factors that could impact the achievement of these goals. The strengthening of the Taiwanese dollar and challenges related to chip production equipment may affect TSMC’s gross margin.

Morgan Stanley has reduced the target price for TSMC’s stocks to 688 Taiwanese dollars and reiterated an “overweight” rating. This was accompanied by a forecasted gross margin of 49.5%, and the strength of TSMC on the stock market resulted in a decline in the Taiex exchange.

FAQ