TSMC to Release Q2 Earnings on July 16 Amid SK Hynix Stock Slump, AI Demand Under Scrutiny

TSM-2.16%
According to Seoul Economic Daily, TSMC will release Q2 earnings on July 16, marking a critical test for sustained AI investment momentum. SK Hynix shares have fallen sharply, with investors debating conditions for recovery to 3 million Korean won. Analysts are divided on outlook: Korean Investment Securities expects Q2 operating profit to miss consensus by 8% due to lower average selling prices on HBM exposure, lowering full-year forecasts by 9% and 11% while maintaining a 3.8 million won target. KB Securities projects memory supply shortages through 2028 from expanded data center investment, expecting Q2 beat consensus and maintaining a 4.2 million won target. Market participants view upcoming earnings season as critical to confirming whether AI capex expansion will continue.
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HeavenlyMelodyvip
· 1h ago
Get on board now! 🚗
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