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Did TSMC Save the Semiconductor Market?

TSMC just reported solid earnings and guidance.

By Jose Najarro – Jul 15, 2022 at 7:30AM EST

Today's video focuses on Taiwan Semiconductor Manufacturing (TSM +2.03%) and its recent earnings that it reported on July 14. Management mentioned that its second-quarter business saw strong growth due to the demand for high-performance computing, Internet of Things, and the automotive market. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of July 14, 2022. The video was published on July 14, 2022.


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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
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Jose Najarro has positions in Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Taiwan Semiconductor Manufacturing Stock Quote
Taiwan Semiconductor Manufacturing
NYSE: TSM
$373.00
(+2.06%)+$7.51

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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