Taiwan Semiconductor (TSM) stock leaps on bullish Q4 2024 outlook
Taiwan Semiconductor blasted past its financial expectations for Q3 and is adjusting its Q4 outlook accordingly.
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Taiwan Semiconductor blasted past its financial expectations for Q3 and is adjusting its Q4 outlook accordingly.
Berkshire Hathaway is dumping Taiwan semi (TSM) shares after acquiring more last year.
The company predicts a continuation of market demand softness entering Q1 2023.
The Warren Buffett conglomerate has made a massive investment in tech.
TSMC is reportedly investigating expansion in Japan as Taiwan independence remains in contention due to pressure from China.
Despite the surge in year-over-year profits, TSMC remains cautious about the outlook of chip demand in 2023.
'The war brings no winners, everybody's losers,' TSMC's Mark Liu said, claiming a conflict would render the world's leading chip manufacturer inoperable.
Taiwan Semiconductor put up an excellent quarter and has raised guidance for its upcoming Q3 as a result.
Leads in several corners of the semiconductor industry shared that resources that usually come from Russia or Ukraine could be sourced elsewhere.
Unprecedented demand is likely to keep global chip supply scarce for the immediate future.