Are PC and Smartphone Sales Finally Bottoming?

By Jose Najarro, Nicholas Rossolillo, and Billy Duberstein – Mar 22, 2023 at 9:27AM

NYSE: TSM

Taiwan Semiconductor Manufacturing

Market Cap

$686B

Today's Change

(-4.86%) -$6.76

Current Price

$132.27

Price as of April 18, 2024, 4:00 p.m. ET

Taiwan Semiconductor Manufacturing's utilization rate is expected to bottom in Q1, earlier than expected. Is this great news for companies with exposure to consumer electronics?

Utilization rates for Taiwan Semiconductor Manufacturing (TSM -4.86%) were originally expected to bottom in Q2 before seeing a bounce back in the second half of the year. What is driving the sudden change in semiconductor demand? Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo, and Billy Duberstein had to say. Also, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of March 16, 2023. The video was published on March 17, 2023.

Billy Duberstein has positions in Taiwan Semiconductor Manufacturing. Jose Najarro has positions in Taiwan Semiconductor Manufacturing. Nicholas Rossolillo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.