Yahoo Finance shows earnings last quarter at about $1.08/share, expected to grow to $2.05/sh when reported Aug 23. That’s a 90% gain in one quarter.
Presumably that is due to AI. They can sell all the chips they can make at much higher prices.
What about production capacity? Their products are made by Taiwan Semiconductor. Are they increasing capacity? Or is it all sold out? So profit growth is limited by price increases?
Anyone know any details?
And by the way at $424.13/sh, Yahoo is showing a PE of 215. But if I take that Aug 23 number and annualize it, I get $8.20/yr earnings expected. That gives a forward PE of 51.7. Not a bad number for a growth company.
I have an AMD Red Devil 6600 xt. I want to sell it later this year if prices rise like crazy again.
Anyone know what the story is with Neon gas and chip production? We are hearing next to nothing. While PC’s have been very widely available because demand is low other things have not been so available. My doctor was surprised I got a new CPAP so quickly.