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TSM

TSMC

$41.64

-0.79 (-1.86%)

06:00
11/10/17
11/10
06:00
11/10/17
06:00

TSMC reports October revenue up 3.8% from prior year

TSMC announced its net revenues for October 2017: On a consolidated basis, revenues for October 2017 were approximately NT$94.52B, an increase 6.7% from September 2017 and an increase of 3.8% from October 2016. Revenues for January through October 2017 totaled NT$794.40B, an increase of 2.3% compared to the same period in 2016.

TSM TSMC
$41.64

-0.79 (-1.86%)

07/13/17
DAIW
07/13/17
DOWNGRADE
DAIW
Outperform
TSMC downgraded to Outperform from Buy at Daiwa
07/13/17
DAIW
07/13/17
DOWNGRADE
DAIW
Outperform
TSMC downgraded to Outperform after earnings at Daiwa
Daiwa analyst Rick Hsu downgraded TSMC downgraded to Outperform from Buy following the company's Q2 results. The analyst cites valuation for the downgrade and notes the company's Q3 business guidance missed expectations. Hsu expects TSMC to make up for the Q3 revenue shortfall in Q4, however, and continues to like the company's long-term fundamentals.
10/10/17
JPMS
10/10/17
UPGRADE
JPMS
Overweight
TSMC upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Gokul Hariharan upgraded TSMC to Overweight saying that after nine months of reductions, earnings estimates are set to move higher. The analyst expects the company to gain market share in 7nm process node and retain its entire share in the iPhone.
10/19/17
DAIW
10/19/17
DOWNGRADE
DAIW
Hold
TSMC downgraded to Hold from Outperform at Daiwa

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