The AI theme continues to be feverish, and the AI chip factory Nvidia has a sky-high price of 721At $33, TSMC ADR climbed to 133$11, up 14 in the past four trading days$32, an increase of more than 12%. Analyst Wang Zhaoli said that if TSMC ADR can maintain its rally in the future, Taiwan stocks are expected to start making up for the red market in the New Year.
Wang Zhaoli said that the artificial intelligence (AI) group has been the focus of U.S. stocks in recent days, and Nvidia (NVIDIA) has climbed to 721At $33, Super Micro Computer also rose to 740$29, the same sky-high price.
According to companiesmarketcap statistics, Nvidia's market capitalization reached 1At $78 trillion, it is the sixth highest in the world, behind Microsoft, Apple, Saudi Aramco, Google's parent company Alphabet and Amazon, with an increase of 45 percent this year66%。
As Nvidia's stock price hits a high, Nvidia CEO Jensen Huang is worth $63.6 billion, ranking 21st, and has increased by $19.6 billion this year, according to the Bloomberg Billionaires Index.
Microsoft caught up with the AI theme and won the favor of the market, and its market value climbed to 3$12 trillion, jumping to the top of the world, an increase of 1181%；On the other hand, Apple's market value did not increase but decreased, falling to 2$91 trillion, a decrease of 2 this year61%, ranking second in the world.
TSMC's American Depositary Receipts (ADRs) reached a maximum of 135 on the 9th$17 and closed at $133$11, down 0$62, market capitalization 6,903600 million US dollars, ranking tenth in the world, and its market value has increased by 27 this year99%。TSMC ADR in the last four trading days**14$32, up 1205%。Based on TSMC's 5-day ** price of NT$646, the premium reached 29%.
Wang Zhaoli said that TSMC is the main foundry of AI chips, and the fever of AI themes is the driving force for TSMC's ADR to rise. TSMC expects that AI-related revenue contribution is expected to grow by 50% year-on-year, and it is estimated that the proportion of revenue in five years will likely reach 17%-19%.
TSMC's operating expectations for this year are optimistic, driven by strong AI demand, and US dollar revenue is expected to grow by 21%-26% to a new high, which is also higher than the level of the chip foundry industry.
The Dow Jones Industrial Average closed at 3,8671 on the 9th69 points, the last four trading days**29157 points, an increase of about 076%；The S&P 500 index closed at 5,02661 points, **838 points, an increase of about 17%；The Nasdaq closed at 15,99066 points, **39298 points, an increase of about 252%；The Philadelphia Semiconductor Index closed at 4,567301 points, **179201 points, an increase of 408%。
Wang Zhaoli expects that if TSMC ADR and U.S. stocks can maintain their rally in the future, Taiwan stocks are expected to make up for the red market in the new year. In addition to TSMC, TSMC's ** chain and AI groups are worth paying attention to.
Header image**: Flickr Li Jilin CC BY 20）