Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
**↘️** **TSMC (TW:2330**, **TSM)**: Shares of the world's largest contract chip maker dropped 5.6% in Taipeig. The chip-heavy Taiwan benchmark slid overall, catching up with recent weakness in U.S. tech stocks after a two-day closure due to Typhoon Gaemi.
Taiwan Semiconductor Manufacturing (NYSE:TSM), the world's largest contract chipmaker and a major supplier of Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA), reported its Q2 2024 earnings last week. The company exceeded expectations and posted growth ...
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. shares fell the most in three months upon trading resumption, joining a global tech rout as investors dramatically soured on the promises of artificial intelligence. Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageFed’s Favored Price Gauge Rises at Mild Pace, Spending Holds UpHarris Just Showed Why Trump Is So Afraid of HerGreat Rotation Tr
This could be the next semiconductor giant to attain a trillion-dollar market cap.
Investing.com-- Most Asian stocks rose on Friday as heavyweight technology shares steadied from several sessions of steep declines, although regional indexes were still set for deep weekly losses.
Chip stocks continue their sector-wide slide, following a tech sell-off triggered by disappointing reports from some Magnificent 7 companies. Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead joins Morning Brief to discuss the semiconductor industry's current state. Moorhead observes that due to the chip sector's strong momentum over the past year, "any hiccup, any rumor of something" can trigger a stock decline. He suggests this downturn presents an opportunity for inve...
The market is too pessimistic on these stocks.
Although these companies operate on opposite ends of the AI ecosystem, they are important to its long-term sustainability.
(Bloomberg) -- Investors searching for ways to navigate the artificial intelligence story are turning their sights away from Taiwan and toward South Korea.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerStocks Caught in Tug of War Between Tech and Rest: Markets WrapI Changed My Mind. The Fed Needs to Cut Rates Now.Markets Tear Up Popular Trades That Reached ‘Stupid Levels’Federated Hermes, M&G Investments and
Last week, Taiwan Semiconductor Manufacturing (TSM), also known as TSMC, released its Q2 results, delivering its best revenue growth in six quarters. The company’s top-line growth has been on an acceleration trend, with this quarter standing out in particular. This also holds true for the bottom line, with earnings per ADR expected to reach new heights in FY2024. Given the ongoing AI boom, which is likely to drive continued growth, and the stock’s current reasonable valuation, I remain bullish o