📊
the TSMC Q2 gross margin of 67.7% is the number i kept watching. above guidance, and this is a company doing overseas expansion that normally pressures margins. the fact they held pricing while expanding tells you the customers, Nvidia, Apple, AMD, need TSMC more than TSMC needs the deal terms. that's what a moat looks like. $Taiwan Semiconductor(TSM.US) holding my conviction on this result.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
