TSMC remains on track
The long-term outlook for all semiconductor companies is positive
Due to the boom in artificial intelligence and the increased demand for chips
The only obstacle they may face in the coming period will be any fear regarding supply chain disruptions
TSM itself has positive news and positive expectations for the coming period, especially after its announcement of the N3 FINFLEX™ technology and the N2 Nanosheet technology.
And also its expansion plans to start production in its first factory in Arizona in the first half of 2025, with the continuation of construction work in the second factory, the opening of which may be postponed to 2027.
And its announcement of building a new factory in Japan
Semiconductor companies are generally linked indirectly
Waiting for NVDA's earnings report today may delay the short-term outlook
technically
Overbought – Harmonic BAT pattern, after 100% Fibo extension of the uptrend from the bottom
Possibilities for a correction to the observation area - short to medium range
Due to the boom in artificial intelligence and the increased demand for chips
The only obstacle they may face in the coming period will be any fear regarding supply chain disruptions
TSM itself has positive news and positive expectations for the coming period, especially after its announcement of the N3 FINFLEX™ technology and the N2 Nanosheet technology.
And also its expansion plans to start production in its first factory in Arizona in the first half of 2025, with the continuation of construction work in the second factory, the opening of which may be postponed to 2027.
And its announcement of building a new factory in Japan
Semiconductor companies are generally linked indirectly
Waiting for NVDA's earnings report today may delay the short-term outlook
technically
Overbought – Harmonic BAT pattern, after 100% Fibo extension of the uptrend from the bottom
Possibilities for a correction to the observation area - short to medium range