💥 $TSM EARNINGS SHATTER RECORDS – BUT THE MARGIN STORY IS SHIFTING 🦈
📈 Net profit surged 77.4% year-over-year in Q2, hitting an all-time high with gross margin expanding to 67.7%. 📊 However, the CFO explicitly warned that overseas fab commissioning will dilute gross margins by 2-4% in the coming years as $200 billion in US expansion rolls out.
💡 The market is already pricing in a 20-50% cost premium for US chip manufacturing vs Taiwan. Smart money is watching whether TSMC can successfully pass these costs to clients – the 2027 price hike signal says yes. 📌 This is a structural shift, not a fleeting headwind.
🔍 The key variable remains AI demand growth and supply chain diversification. If TSMC maintains its cost-transfer ability, the margin drag becomes a temporary blip. 💬 Do you see this as a short-term overhang or the start of a new, higher-cost equilibrium for semis? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #TSM #Semiconductors #Earnings #Tech #SupplyChain
🦈 📊
📈 Net profit surged 77.4% year-over-year in Q2, hitting an all-time high with gross margin expanding to 67.7%. 📊 However, the CFO explicitly warned that overseas fab commissioning will dilute gross margins by 2-4% in the coming years as $200 billion in US expansion rolls out.
💡 The market is already pricing in a 20-50% cost premium for US chip manufacturing vs Taiwan. Smart money is watching whether TSMC can successfully pass these costs to clients – the 2027 price hike signal says yes. 📌 This is a structural shift, not a fleeting headwind.
🔍 The key variable remains AI demand growth and supply chain diversification. If TSMC maintains its cost-transfer ability, the margin drag becomes a temporary blip. 💬 Do you see this as a short-term overhang or the start of a new, higher-cost equilibrium for semis? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #TSM #Semiconductors #Earnings #Tech #SupplyChain
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