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Stock Market & Financial Investment News

News Breaks
April 7, 2014
06:20 EDTTSMReport: TSMC Solar to triple CIGS-thin PV module capacity, DigiTimes says
TSMC Solar will expand its annual production capacity to 120MWp from 40MWp in Q3, reports DigiTimes. Citing a Chinese-language Economic Daily News report, TSMS is currently at full capacity. Reference Link
News For TSM From The Last 14 Days
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July 28, 2014
10:07 EDTTSMTSMC downgraded to Neutral from Buy at BofA/Merrill (pre-open)
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July 25, 2014
06:16 EDTTSMTSMC to offer more wafer starts ot MediaTek in Q3, DigiTimes reports
TSMC (TSM) will supply MediaTek 10% more wafer starts than what the chipset maker expected to receive in Q3, reports DigiTimes. According to industry sources, the offering of more 28nm production capacity to MediaTek is an important strategy for the Taiwan-based foundry house. Reference Link
July 24, 2014
09:30 EDTTSMApple set to become TSMC's largest client, DigiTimes reports
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July 21, 2014
12:41 EDTTSMIntel advances after analyst predicts mobile unit rebound coming
Shares of Intel (INTC) are advancing in a down market after Wells Fargo wrote that the company's mobile chip business could rebound significantly in coming quarters. WHAT'S NEW: Intel's mobile chip business could boost the company's growth and even enable it to beat earnings expectations, Wells Fargo wrote in a note to investors today. The chip maker's shipments of 4G modems should start rising significantly in the third quarter or fourth quarter of this year, the firm stated. The company has probably won some deals to provide LTE modems for smartphones and Samsung is likely one of the chip maker's initial customers, the firm wrote. Broadcom's (BRCM) decision to exit the baseband market probably improved Intel's position in the 4G market, Wells Fargo contended. Meanwhile, Intel said that by this year's holiday season, it should be ready to launch chips for mobile devices that are smaller than those of a key competitor, TSMC (TSM), Wells noted. Sales generated by Intel's mobile and communications unit may have bottomed last quarter or could do so during the current quarter, the firm believes. The unit's operating losses are likely to drop throughout this year, before falling sharply in the quarter ended March 2015, Wells estimated. The unit may approach break even by the end of 2015, the firm added. Wells kept an Outperform rating on the stock. WHAT'S NOTABLE: On July 15, Intel reported stronger than expected results for its quarter ended in June. PRICE ACTION: In early afternoon trading, Intel rose 43c, or 1.3%, to $34.13.
July 20, 2014
12:58 EDTTSMTSMC could drop over 10%, Barron's says
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July 18, 2014
07:20 EDTTSMLG Display added to Asia Focus List, TSMC removed at JPMorgan
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July 17, 2014
14:30 EDTTSMFujitsu to exit chip making, sell plants to ON Semi, United Micro, Nikkei says
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06:43 EDTTSMTSMC expects to lose out to competitors in 14/16nm segment, DigiTimes says
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