Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSMC.US) will soon release its Q4 financial report. Goldman Sachs Group, Inc. expects its revenue and gross profit margin to continue to increase.
16/01/2025
GMT Eight
Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSMC.US) will release its fourth-quarter financial report on January 16.
Goldman Sachs Group, Inc. predicts that Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR's revenue will increase by 29.4% year-on-year in 2024, and is expected to further increase by 26.8% in 2025. The main drivers of growth include strong demand for advanced process nodes and the continued hype around artificial intelligence applications.
Additionally, Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR is expected to increase its gross margin in 2025 by raising prices for the 3-nanometer and 5-nanometer processes, as well as adding a premium of over 10% for Chip-on-Wafer-on-Substrate (CoWoS) packaging. Goldman Sachs Group, Inc. forecasts that Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR's gross margin in 2025 will reach 59.3%, a significant increase from 56.1% in 2024.
In terms of competition, challenges from Samsung and Intel Corporation in the high-end process field have intensified, making Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR's market position more stable. The investor conference for Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR is scheduled for January 16th at 14:00 Beijing time, and it is widely seen as a litmus test for the technology sector.
As we approach the upcoming corporate earnings season, market sentiment is complex. The technology sector is still in a period of transition, but some leading companies, such as SAP SE (SAP.US) and Amazon.com, Inc. (AMZN.US), are seen as "clear investment cases" worth watching. In addition, the strong performance of the chip industry and continuous breakthroughs in the field of artificial intelligence may dominate market investment trends in the near future.
Goldman Sachs Group, Inc. points out that investors need to closely watch the signals released by tomorrow's Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR financial report, as it is not only a key indicator for the technology sector, but also an important reference for the current global macroeconomic trends.