SEHK:981Semiconductor
Semiconductor Manufacturing International (SEHK:981) Is Up 6.5% After Peer TSMC Signals Stronger Foundry Demand – Has The Bull Case Changed?
Taiwan Semiconductor Manufacturing recently reported a year-over-year increase in Q4 earnings and net sales, alongside Q1 revenue guidance that surpassed analyst expectations, which lifted sentiment across large-cap semiconductor names and technology stocks after geopolitical tensions in Iran eased.
This sector-wide upswing matters for Semiconductor Manufacturing International because investors often reassess demand assumptions and competitive positioning for foundries when a major peer...