TSMC's Analyst Conference on July 18th: Q3 Revenue Expected to Hit a New High

Reported 12 months ago

TSMC is set to hold an analyst conference on July 18th, with early predictions from foreign investment circles indicating a double-digit quarterly revenue growth for Q3, potentially reaching 12%. The annual revenue growth outlook remains unchanged at 20%-25%, with a possible capital expenditure for next year reaching $36-37 billion, promising surprises for the market. Analysts anticipate positive impacts on TSMC's profit margins and market positioning, with both UBS and Goldman Sachs maintaining a 'buy' rating and optimistic stock price targets.

Source: YAHOO

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