TSMC (TSM) Earnings & A.I. Production Outlook For 2024

TSMC (TSM) earnings were recently released. Its 4Q adjusted EPS came in at $1.44 versus an estimated $1.37 and revenue came in at $19.62B versus an estimated $18.99B. Wedbush’s Matt Bryson notes that he expects integrated circuit demand to continue in 2024. He discusses the outlook for A.I. production in 2024. Tom White then joins to demonstrate an example trade using TSMC. The trade type is a call calendar and the direction is neutral to bullish. He also demonstrates a neutral to bullish trade using Nvidia (NVDA). Tune in to find out more about the stock market today.