ASML Holdings and other chip parts makers fall on report Taiwan Semi plans to cut capex

'Very well-positioned' ASML Holdings tops earnings estimates, misses revenue expectations

April 19, 2023 10:33 AM EDT

ASML Holdings (NASDAQ: ASML) shares fell over 3.5% in early Wednesday trading after the company reported first-quarter earnings, topping profit expectations but missing revenue forecasts.

The semiconductor company posted Q1 earnings per share (EPS) of EUR4.96, EUR0.44 better than the analyst estimate of EUR4.52, while revenue for the quarter came in at EUR6.74 billion versus the consensus estimate of... More

Taiwan Semi (TSM) upgraded at Susquehanna as 'worst case dialed in'

April 17, 2023 1:53 PM EDT

Taiwan Semi (NYSE: TSM) was lifted to Positive from Neutral by Susquehanna analyst Mehdi Hosseini, who also raised the firm's price target on the stock to $126 from $76 per share.

The analyst told investors in a note that the worst case is dialed into the... More

Lam Research (LRCX), Applied Materials (AMAT) Others Decline Following Report Taiwan Semi (TSM) to Lower Capex

April 17, 2023 8:45 AM EDT

Lam Research (NASDAQ: LRCX), Applied Materials (NASDAQ: AMAT) Others Decline Following Report Taiwan Semi (NYSE: TSM) to Lower Capex

Economic Daily News: TSMC plans to cut its capex target to a range of $28 billion-$32 billion this yearLRCX -2.5%AMAT -3.3%KLA Corporation (NASDAQ: KLAC) -2.75%ASML Holdings (NASDAQ: ASML) -4%
... More

Susquehanna Upgrades Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) to Positive; as worst-case priced in

April 17, 2023 6:08 AM EDT

(Updated - April 17, 2023 7:50 AM EDT)

Susquehanna analyst Mehdi Hosseini upgraded Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) from Neutral to Positive with a price target of $126.00.

The analyst commented, "Upgrading TSM to Positive as the worst-case earnings scenario is dialed into our... More

Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (TSM) PT Raised to NT$643 at HSBC

April 17, 2023 5:07 AM EDT

HSBC analyst Frank Lee raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (NYSE: TSM) to NT$643.00 (from NT$560.00) while maintaining a Buy rating.... More

Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (TSM) PT Lowered to NT$685 at Nomura/Instinet

April 14, 2023 11:46 AM EDT

Nomura/Instinet analyst Aaron Jeng lowered the price target on Taiwan Semiconductor Manufacturing Co. Ltd. (2330:TT) (NYSE: TSM) to NT$685.00 (from NT$700.00) while maintaining a Buy rating.... More