Taiwan Semiconductor: Tracking A Trailing-Edge Semiconductor Slowdown

Robert Castellano
17.7K Followers

Summary

  • TSMC warns about overall semiconductor market growth in 2024, but expects healthy growth for itself.
  • TSMC's share price fell by 5% following its earnings call, but later rebounded after strong revenue in April 2024.
  • TSMC faces vulnerabilities due to industry fluctuations, competition, and geopolitical risks, but maintains a dominant position in the foundry market.
  • TSMC is also vulnerable to semiconductor slowdown due to reliance on trailing edge chips and broader economic trends.

A man standing on a rocky point overlooking Peyto Lake.

Jordan Siemens

In its Q1 2024 earnings call on April 18, Taiwan Semiconductor (NYSE:TSM) (or TSMC) CEO C. C. Wei warned about the overall semiconductor market growth in 2024, stating:

"We lowered our forecast for the 2024 overall semiconductor market, excluding memory, to increase

This free article presents my analysis of this semiconductor equipment sector. A more detailed analysis is available on my Marketplace newsletter site Semiconductor Deep Dive. You can learn more about it here and start a risk free 2 week trial now.

This article was written by

17.7K Followers
Robert Castellano has 38 years of experience analyzing the semiconductor markets. He runs the investing group Semiconductor Deep Dive. It provides investors with recommendations for stocks with the greatest near- and medium-term growth potential. Members receive detailed analysis and research tools to make investments in semiconductor and tech stocks. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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