Wafer foundry leader TSMC (2330-TW)(TSM-US) was abandoned by foreign investors for several days. This week, the stock price plunged and fell below the 5-day line. The backtested year line and the 600 yuan integer level closed at 604 yuan at the final closing price on Friday (26th), and the market value fell below the 16 trillion yuan mark. , the market value evaporated more than 855.7 billion yuan in a single week.
The TSMC share repurchase plan was completed yesterday (25th), spending a total of about 871 million yuan to repurchase 1,387 shares, accounting for 0.01% of the total number of issued shares, with an average repurchase price of 628.38 yuan per share.
However, due to the escalating conflict between Russia and Ukraine, TSMC became the target of foreign capital withdrawals, and was sold by foreign investors for six consecutive times, with a total of more than 140,000 copies sold, causing the stock price to plummet this week.
TSMC continues to demonstrate its dominance in advanced process technology, and there has been a series of bullish news about receiving orders recently, including Apple (AAPL-US) It is rumored that it plans to launch 7 new Mac series products this year, more than half of which will use the latest M2 chips, and iPhone modems and RF chips will also use their own design chips one after another.
It is also rumored that due to Samsung’s 4nm process yield, Qualcomm (QCOM-US) has found TSMC to produce a new generation, enhanced version of the flagship mobile phone chip, the Snapdragon 8 Gen 1 Plus; and after the 4nm return to TSMC, the market is rumored that Qualcomm will use the 3nm process AP next year (application processor), and will also transfer all orders to TSMC.