TSMC Earnings: AI Supply Chain Winners and Losers

TSMC Q3 revenue jumps to $32.47B, beating forecasts on surging AI demand. Customers like $NVDA and $AAPL helped drive the beat; full Q3 earnings arrive Oct 16. Winners - AI Chip DesignersReason: Stronger TSMC output at leading nodes (N5/N3) supports higher shipments of AI accelerators and CPUs, easing supply friction and sustaining pricing power. Names: $NVDA, $AMDWinners - Memory and AI Server SuppliersReason: AI demand needs High-Bandwidth Memory and accelerated server builds; a robust foundry backdrop signals continued orders across the AI compute stack. Names: $MU, $SMCIWinners - Semiconductor Equipment and Advanced PackagingReason: TSMC has been expanding advanced packaging (CoWoS) capacity and scaling cutting-edge nodes, which supports tool orders (deposition, etch, metrology) and outsourced packaging volume in the U.S. (e.g., Amkor Arizona). Names: $AMAT, $LRCXLosers - Rival Foundries and IDMsReason: A TSMC beat anchored in AI highlights its process lead and pricing power, making it harder for alternative foundry ramps to win share near-term. Names: $INTC, $GFSLosers - Smartphone-Skewed RF SuppliersReason: Reuters notes consumer-electronics demand has tapered; that mix headwind can weigh on RF suppliers tied to handset cycles even as AI soaks up capacity. Names: $QRVO, $SWKSLosers - Legacy/General-Purpose AnalogReason: Investor flows and capex are tilting to advanced AI nodes and packaging; slower end-markets vs the AI up-cycle can leave analog names lagging. Names: $TXN, $ADI#StockMarket #Trading #Investing #DayTrading #SwingTrading #Semiconductors #AI #TSMC #TechStocks #Earnings #Chips

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