Wafer foundry leader TSMC (2330-TW)(TSM-US) Today (15) the ex-dividend is 2.75 yuan, and the ex-dividend reference price is 478 yuan. Since the US Federal Reserve hinted that it will start to cut interest rates in 2024, the hawkish forecast dampened the optimism in the market. TSMC faced the dilemma of discounting interest rates in early trading.
The U.S. Federal Reserve (FED) raised interest rates by 2 yards as expected by the market, but hinted that there will be more interest rate hikes next year, and it will not begin to cut interest rates until 2024, which impacted the performance of U.S. stocks on Wednesday (14th), and the four major indexes closed Black, TSMC ADR also fell 0.6%.
On the eve of TSMC’s ex-dividend, foreign investors stopped selling twice in a row and instead bought more than 5,150 shares, betting on the ex-dividend market. And last week alone, TSMC’s shareholders increased by nearly 14,000, which means that there are not a few investors who are optimistic regarding the future of TSMC’s stock price, or who want to ride the ex-dividend ride.
TSMC’s November revenue soared to 222.706 billion yuan, benefiting from the continued increase in demand for 5nm from smartphones and efficient computing, revenue increased by 5.9% month-on-month and 50.2% year-on-year, a record high; cumulative revenue in the first November was 2 trillion 71.331 billion yuan, an annual increase of 44.6%. Foreign investors believe that TSMC’s revenue in November will be a short-term peak, which is expected to lead to a breakthrough in the financial forecast for this quarter, and it is expected to break through the financial forecast for the whole year.
Since observing TSMC’s interest rate change to the production season, a total of 13 ex-dividends have been successfully completed, and 9 of them have been filled quickly in just one day, and the longest time for interest filling is 15 trading days.
