January 18, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Taiwan Semiconductor Earnings

Please click here for a chart of Taiwan Semiconductor Manufacturing Company stock (TSM).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of TSM stock is being used to illustrate the point.
• TSM is one of the most important companies in the world as it is the largest semiconductor foundry.  TSM manufactures Nvidia’s (NVDA) AI chips and chips that go in Apple’s (AAPL) iPhones.
• The chart shows that TSM has technically broken out after earnings release.