TSMC Set to Give Investors Peek at How Tech Industry Faring
- Investors keen to hear what Apple supplier says about outlook
- Chipmaker set for first earnings call since pandemic started
Photographer: Billy H.C. Kwok/Bloomberg
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Taiwan Semiconductor Manufacturing Co. is poised to give market watchers a key reading of how the tech industry is holding up as it convenes its first earnings call since the virus pandemic was declared.
The two main questions that analysts and investors want answered on Thursday are how orders from Apple Inc. are doing and how TSMC is navigating the risk the U.S. will curb its sales to Huawei Technologies Co. While TSMC will provide first-quarter results including net income, it is the guidance for the current quarter and rest of the year that will get the most attention.