TSMC Stock Sinks As Market Gains: What You Should Know

Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $12.83 billion, up 24.47% from the year-ago period.

Our research shows that these estimate changes are directly correlated with near-term stock prices.

Looking at its valuation, TSM is holding a Forward P/E ratio of 31.28.

The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account.

They’ll also be able to access much more memory, a bottleneck for server performance, the company said.Shenoy said Intel’s unique strength is its ability to offer a range of chips – memory and artificial intelligence software accelerators – that customers need as much as bumps in processor speed.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Intel Corp on Tuesday introduced its newest flagship data center microprocessor, hoping its in-house manufacturing operations will help it navigate a chip shortage to better compete against rival Advanced Micro Devices Inc’s faster chips.

The second, Privileged Access Management, governs who can view and change an organization’s critical systems. The new areas expand the size of Okta’s potential markets to about $80 billion, the company calculates.McKinnon said these protections have become more critical as employees continue to work for home and global companies and governments are roiled by sophisticated cyber-attacks like that involving SolarWinds Corp.“A lot of these data breaches come down to server accounts that weren’t locked down when they should have been — admins changed jobs or left the company,” McKinnon said.

— Carousell, a Southeast Asian online marketplace that lets people buy and sell second-hand goods, said it plans to invest aggressively to grow its classified cars business in the region.The Singapore-based startup, last valued at $850 million, will bolster its classified auto business across Malaysia, Vietnam, the Philippines, Hong Kong and Singapore with OneShift — a portal that connects sellers with buyers and dealers — and Reno Financial, which offers loans and other financial services, the company said in a statement.Carousell’s ambition underscores intensifying competition in the online second-hand car market in Southeast Asia, where middle class consumers are expected to swell in number to 334 million by 2030.

The share purchase by the bank, when taken together with the “overallotment” option, would mean the bank would have recorded a profit from the food delivery group’s declining share price, the report said, adding that most of these profits would be given to Deliveroo as part of an undisclosed agreement.

auto industry group on Monday urged the government to help as it warned the global semiconductor shortage could result in 1.28 million fewer vehicles built this year and disrupt production for another six months.

India’s richest state Maharashtra, that houses the financial hub Mumbai, has ordered company employees to work from home and has also shut shopping malls.“Markets are nervous due to the worsening Covid situation in India, and talks of lockdowns potentially becoming nationwide, and more prolonged rather than what is just announced in Maharashtra, said Unnati Parekh, head of currency derivatives at Kanji Pitamber & Co.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Barron’s, however, wanted to zero in on the Aristocrats with the fastest-growing dividends over that time.

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