Taiwan Semiconductor to release earnings on Thursday! AI demand 'fuels' performance engine, with potential for record profits for the fourth consecutive quarter.

Taiwan Semiconductor (TSM.US), the world's largest advanced AI chip manufacturer, is expected to deliver record-breaking performance for the fourth consecutive quarter.

Zhitong FinanceApr 13 15:05

Asia-Pacific Stock Markets Rise, Chip Stocks Lead Gains as Taiwan's Market Hits Record High

Market optimism regarding the ceasefire negotiations between the United States and Iran drove gains in Asia-Pacific equities, following the positive performance of U.S. stocks on the previous evening (13th). The strong performance of U.S. technology shares fueled a rise in chip stocks across the Asia-Pacific region, pushing Taiwan's stock market to record highs. The offshore yuan appreciated against the dollar to its highest level since March 2023. Mainland China’s newly added social financing and renminbi loans for last month both fell below market expectations, while import growth exceeded forecasts; conversely, exports and trade surplus were lower than expected. The People’s Bank of China conducted a net injection of 5 billion yuan through seven-day reverse repurchase operations in the open market. The Shanghai Composite Index closed the morning session at 4,010 points, up 21 points or 0.6%; the Shenzhen Component Index stood at 14,603 points, rising 195 points or 1.4%. Hong Kong's Hang Seng Index was also

AASTOCKS12:49

TSMC Likely to Report Strong 1Q Results in Line With Expectations -- Market Talk

WSJ12:48

Express News | The return of AI trading pushes Taiwan stocks to new highs.

Breakings09:25

Blackrock shifts to overweight equities! Proclaims the return of risk appetite, focusing on semiconductors, energy independence, and power infrastructure trends.

Blackrock's official weekly report explicitly stated that it has revised its position on U.S. equities as well as stocks in South Korea and Taiwan, China, and the broader emerging markets equities allocation back to overweight. Recently, top Wall Street institutions including Blackrock, Goldman Sachs, and Morgan Stanley have become marginally more optimistic about their outlook for the future stock market.

Zhitong Finance07:56

Express News | Jin10 Data Compilation: Daily Tech News Express (April 14)

Breakings07:31