TSMC Posted Record $40 Billion Revenue. Its Stock Fell 4%. Investors Are No Longer Buying the AI Spending Story on Faith.

TSMC: The Market Is Punishing The Wrong AI Stock (NYSE:TSM)

Taiwan Semiconductor Manufacturing Company just finished the sort of quarter most AI-linked companies would like to report. Learn why TSM stock is a buy.

TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.

TSMC posted record second-quarter revenue of over $40 billion, up 36% year on year, with net income rising 77%. The result should have been a triumph. Instead, shares fell 4%, dragging the Nasdaq 100 down 1.4% on Thursday and compounding losses from the day before. The problem was not the earnings but the spending. TSMC […] This story continues at The Next Web

Market Turbulence: AI Chip Stocks Plunge Despite TSMC's Record Earnings, Netflix Guidance Disappoints

Key Takeaways TSMC delivered exceptional AI-powered results, yet shares declined as sky-high investor expectations went unmet Semiconductor selloff extended across Nvidia, AMD, Broadcom, ASML, Micron and Arm Holdings Netflix shares fell following disappointing forward guidance for the upcoming quarter SpaceX stock continued its decline below IPO levels amid launch postponements and lock-up period concerns Crude oil surged past $81 per barrel, r…

Chip Stocks Are Selling Off on Record Earnings. The Problem Is Not the Business. It Is the Price - Channelchek

Something unusual is happening in the semiconductor sector. Companies are posting some of the strongest quarterly results in the industry’s history, and investors are selling anyway. TSMC reported 77% annual earnings growth this week and fell 4%. Broadcom beat estimates in June and dropped 15%. SK Hynix debuted on Nasdaq, surged 13% on day one, then gave back 8% the next session while its Seoul-listed shares posted their worst day ever. The Phil…