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via finance.yahoo.comMarkets

TSMC vs Micron: which semiconductor stock is the better buy after earnings?

FROM THE WIRE · FINANCE.YAHOO.COM

Despite delivering strong earnings and revenues that exceeded the Zacks Consensus Estimate, Taiwan Semiconductor Manufacturing TSM, or TSMC, and Micron Technology MU have pulled back. TSM and MU have dipped 7% and 15.2%, respectively, so far this month, potentially offering…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishBoth stocks have pulled back despite earnings beats, potentially offering better entry prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01TSM is down 7% and MU down 15.2% so far this month.
  2. 02TSMC reported earnings of $4.60 per ADR, 3.4% above consensus.
  3. 03Micron reported adjusted EPS of $33.42 for its fiscal fourth quarter.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Taiwan Semiconductor Manufacturing Company LimitedTSMStock436.87 USDMarket closedtoday +2.95%Negative Micron Technology, Inc.MUStock928.76 USDMarket closedtoday +2.77%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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