Wafer foundry leader TSMC (2330-TW) (TSM-US) will hold a legal meeting on Thursday (14th), and the outside world will pay attention to issues such as customer demand in the second half of the year, advanced manufacturing processes, capital expenditures, and global plant expansion progress. It is expected that It will also affect the trend of Taiwan stocks in the second half of the year. The stock king Daliguang (3008-TW) will also hold a law talk on the same day. However, the panic selling pressure of Taiwan stocks has emerged recently. (11th) A regular meeting will be held for discussion; the following major events for this week are previewed:
TSMC and Largan held a legal meeting on the 14th to focus on demand outlook
TSMC will hold a legal meeting on Thursday (14th). Due to the recent market demand for noise transmission, including customer adjustment orders, high inventory in the semiconductor industry, and decline in the utilization rate of advanced and mature processes, the market is expected to focus on the company’s response to the second half of the year. Views on demand, state of advanced processes, capital expenditures, and global expansion schedules, etc.
TSMC also announced last week that its revenue in June reached 175.874 billion yuan, a new high for two consecutive months, a monthly decrease of 5.3% and an annual increase of 18.5%. In the second quarter, it broke the 500 billion yuan mark for the first time in a single quarter, reaching 534.14 billion yuan 100 million yuan, an annual increase of 43.5%, exceeding the high standard of financial forecast, and the cumulative revenue in the first half of the year simultaneously exceeded the trillion yuan barrier, reaching 1 trillion 25.217 billion yuan, an annual increase of 39.6%, a new high for the same period.
Largan, which has regained the throne of the stock market, will also hold a legal meeting on Thursday. It is expected to announce its second-quarter profit and third-quarter outlook. The legal person is more concerned about gross profit margin, whether the capacity utilization rate can pick up, the progress of the new plant, Four key points including the layout of the automotive market.
Largan’s revenue in June was 3.393 billion yuan, the second highest this year, with a monthly increase of 7.8% and an annual increase of 0.67%. The revenue in the second quarter was 9.675 billion yuan, a quarterly decrease of 4.51% and an annual decrease of 4.33%. Revenue in the first half of the year 19.808 billion yuan, an annual decrease of 9.69%.
On the other hand, the memory giant Nanya Branch (2408-TW) is also expected to hold a legal meeting on Monday (11th).
Changes in the international situation, the National Security Fund held a regular meeting on Monday to discuss whether to support the market
The global stock market was shrouded in inflation, and there was a sharp pullback correction. Taiwan stocks also pulled back simultaneously. Statistics have evaporated 1,982 points in June alone. In the first half of the year, they fell by 3,393 points, hitting a low of nearly a year and a half. Last week It even fell below the Wanshi level and dropped to 13,951.81 points. The outside world is highly concerned about whether the National Security Fund has launched the eighth degree of protection measures.
The National Security Fund is expected to hold its second-quarter regular meeting on Monday, at which time it will discuss the impact of the recent political economy and general manager on the stock market. A temporary meeting, but this wave of decline in Taiwan stocks is not only related to the international stock market, but the panic selling pressure of retail investors is also one of the reasons for the sharp decline in the stock market.
