22 апреля, 01:10

Earnings Roundup: S&P 500 Companies Clear a High Bar

The first quarter of 2018 is one of the most heavily anticipated earnings seasons, due to high expectations for YoY earnings growth (20.0%). Amidst a high bar, S&P 500 companies

28 марта, 22:19

What Lies Ahead for Emerging Market ETFs?

Emerging Markets have been staging a comeback, as trade war fears abate.

23 марта, 17:36

ANSYS to Buy OPTIS to Boost Sensor Simulation Capabilities

ANSYS (ANSS) is eyeing to enhance its strength as an autonomous vehicle sensor provider. The acquisition of OPTIS will enrich its solution portfolio and accelerate corresponding product development.

08 марта, 18:05

5 Reasons to Add ANSYS (ANSS) Stock to Your Portfolio Now

With stellar fourth-quarter results, strong product portfolio strength and expanding partner base, ANSYS (ANSS) appears a promising pick right now.

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07 марта, 14:15

Чип Huawei Kirin 670 получит нейронный процессорный модуль

Сетевые источники обнародовали данные о предполагаемых характеристиках мобильного процессора Kirin 670, который готовит к выпуску компания Huawei. Известно, что новое изделие будет производиться на мощностях TSMC (Taiwan Semiconductor Manufacturing Company). При этом планируется задействовать 12-нанометровую технологию FinFet.

19 февраля, 15:43

ANSYS (ANSS) to Report Q4 Earnings: What's in the Offing?

ANSYS (ANSS) fourth-quarter results are likely to benefit from strong demand for its simulation tools. However, declining perpetual license is expected to hurt top-line growth.

14 февраля, 17:58

Marijuana and Blockchain: 2018's Hottest New ETFs

You asked for them, and now they've arrived. ETFs for two of the top investing trends.

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07 февраля, 01:56

Emerging Market ETFs in Focus on High Outflows

Emerging Markets experience high outflows as global reversal takes a toll on investors' risk appetite.

06 февраля, 06:30

Trump, Davos, And Free Trade

Authored by James Rickards via The Daily Reckoning, After Trump announced the steep 30% U.S. tariffs on imports of solar panels and washing machines, the Chinese Commerce Ministry expressed “strong dissatisfaction” and said it “aggravates the global trade environment.” Trump is not done with tariffs. In the days and weeks ahead, we can expect further announcements with regard to steel and aluminum imports to the U.S. Again, such imports come largely from China, but the tariffs will likely affect all exporters to the U.S. Ironically these announcements came just as President Trump was preparing to go to Davos, Switzerland for the World Economic Forum. The Davos elites vehemently oppose both trade and capital controls, preferring instead a globalist “one-world” approach. The only problem with the Davos elite theory is that it is empirically, historically and analytically wrong. The theory of free trade is based on an idea called “comparative advantage.” This idea goes back to David Ricardo, an early 19th century British economist. Ricardo’s theory was that countries should not try to be self-sufficient in all manufacturing, mining and agriculture. Instead countries should specialize in what they do best, and let others also specialize in what they do best. Then countries could simply trade the goods they make for the goods made by others. All sides would be better off because prices would be lower as a result of specialization in those goods where you have a natural advantage. It’s a nice theory often summed up in the idea that Tom Brady should not mow his own lawn because it makes more sense to pay a landscaper while he practices football. But, the theory is flawed. For one thing, comparative advantage is not static. It changes over time. Importantly comparative advantage can be created from thin air. Taiwan had no comparative advantage in semiconductors in the 1980s, but the government made a political decision to create the state-sponsored Taiwan Semiconductor Manufacturing Company. Today Taiwan Semiconductor is the largest supplier of semiconductors in the world. The government nurtured Taiwan Semiconductor with tariffs and subsidies when it was most vulnerable to foreign competition. Today Taiwan Semiconductor is a publicly traded company that competes effectively around the world, but it would never have attained that status without government help in its early days. If the theory of comparative advantage were true, Japan would still be exporting tuna fish instead of cars, computers, TVs, steel and much more. The same can be said of the globalists’ view that capital should flow freely across borders. That might be advantageous in theory but market manipulation by central banks and rouge actors like Goldman Sachs and big hedge funds make it a treacherous proposition. In the depths of the Asian financial crisis of 1997, Malaysian Prime Minister Mahathir closed Malaysia’s capital account to preserve hard currency and defend his exchange rate. Mahathir was excoriated at the time by the likes of George Soros. Soros went so far as to call Mahathir a “menace to his country.” But scholars today agree that Mahathir made the right move. In recent years, even the IMF has said there are certain circumstances where capital controls are fully justified. If open trade, and open capital flows are flawed ideas, why do the Davos elite support them? The answer is that these theories, which have superficial appeal to everyday citizens, are the perfect smokescreen for the elites’ hidden agenda. That agenda is to diminish the power of the United States, and the U.S. dollar, in world affairs and to enhance the power of rising nations especially China. If several hundred million Chinese can be pulled from poverty by leaving the U.S. market open while China subsidies its companies, imposes its own tariffs, steals intellectual property, and limits U.S. foreign direct investment, then that’s fine. If U.S. workers lose their jobs in the process, that’s fine too. The elites don’t care about the U.S.; they only care about their “one world” vision. Trump is calling their bluff. When Trump says “America First” he means it. So does Trump’s top trade advisor Robert Lighthizer. Lighthizer is a veteran of the Reagan administration who forced the Japanese to move their auto plants to the U.S. in the 1980s by imposing steep tariffs on Japanese imported cars. Thousands of high-paying U.S. manufacturing jobs were created as a result. Lighthizer plans to run the same playbook against the Chinese today. Lighthizer is part of a hawkish “Trade Troika” consisting of himself, Secretary of Commerce Wilbur Ross, Jr. and White House trade advisor Peter Navarro. All three are urging President Trump to impose a set of tariffs on China involving not only washing machines and solar panels, but steel, aluminum, and theft of intellectual property. Opposing the Trade Troika are trade doves including National Economic Advisor Gary Cohn, Chief of Staff John F. Kelly, Secretary of State Rex Tillerson and the CEOs of major global corporations such as Boeing, Apple and General Motors that all derive large profits from Chinese operations. The hawks and doves fought each other to a standstill in 2017 because of wishful thinking about Chinese help on North Korea and the importance of a united front to pass the tax bill. With hopes for China now dispelled and the tax bill passed into law, the trade agenda is front and center. This is not a “kick-the-can-down-the-road” situation. Trump is confronting hard deadlines on key decisions. America has always prospered with high tariffs to protect its industries. From Alexander Hamilton’s plan for infant manufacturing to Henry Clay’s American Plan, the U.S. has always known how to protect its industries and create American jobs. Trump is returning to that tradition. The problem is that this will not be a smooth ride. It will take years for U.S. solar panel manufacturers to get back on their feet. (One of the largest U.S. firms filed for bankruptcy protection last year, but it continues to operate in reorganization under court supervision.) A full-scale trade war will hurt world growth even as it helps U.S. growth. Given the trillions in dollar-denominated debt in emerging markets, a full-scale foreign sovereign debt crisis could be in the making if those emerging markets countries cannot earn dollars from exports to pay their debts. Trump did not impose these tariffs in 2017 because he needed Chinese help with the North Korean situation. But, China did not do all it could in North Korea, and there is good evidence that China is helping North Korea cheat on existing sanctions. As if to rub salt in the wound, China reported today that its 2017 trade surplus with the U.S. was $275 billion, the highest ever. Once China’s lack of cooperation on North Korea became clear, Trump saw no harm in confronting China on trade, something he’s been talking about since the summer of 2015 during the early days of his campaign. The Chinese may choose to retaliate not so much with their own tariffs, but with other forms of financial warfare including its threats to persify its reserves away from U.S. Treasuries. As China buys fewer U.S. Treasuries, the most likely substitute asset class is gold. This is one more reason to expect that the recent weak dollar and strong gold trends to continue for the remainder of this year and beyond.

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27 января, 18:08

TSMC начала строительство предприятия по выпуску 5-нм продукции

Компания Taiwan Semiconductor Manufacturing Company (TSMC) объявила о начале строительства предприятия Fab 18 (Phase 1), на котором будет производиться продукция с применением передовой 5-нанометровой технологии. Фотографии Reuters

27 января, 17:02

AMD разделит производство 7-нм чипов между TSMC и GlobalFoundries

Генеральный директор AMD Лиза Су заявила, что AMD будет собирать свои чипы, выполненные по 7-нм техпроцессу, на двух разных площадках. Сейчас процессоры Ryzen и графические ядра Polaris и Vega собираются только на мощностях GlobalFoundries. Но при переходе на 7-нм техпроцесс компания привлечёт ещё одного подрядчика. Им станет Taiwan Semiconductor Manufacturing Company (TSMC). «Для производства чипов по 7-нм техпроцессу мы будем использовать мощности как TSMC, так и GlobalFoundries. Мы тесно сотрудничаем с обоими производителями; каждый из них будет иметь разную серию продуктов», — рассказала Лиза Су в интервью AnandTech.

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23 января, 15:00

Раскрыты характеристики мобильного процессора Xiaomi Surge S2

В распоряжении сетевых источников оказалась информация о характеристиках нового мобильного процессора Surge, который готовит к выпуску китайская компания Xiaomi. В феврале прошлого года, напомним, Xiaomi анонсировала чип Surge S1 (Pinecone). Этот процессор изготавливается по 28-нанометровой технологии на предприятии Taiwan Semiconductor Manufacturing Company (TSMC). Изделие содержит восемь вычислительных ядер Cortex-A53, сгруппированных в два четырёхъядерных кластера с разной тактовой частотой — 2,2 и 1,4 ГГц. Обработкой графики занят четырёхъядерный ускоритель Mali-T860.

22 января, 18:38

ANSYS (ANSS) Hits 52-Week High: What's Behind the Rally?

ANSYS (ANSS) touches new 52-week high on the back of increased collaborations, acquisitions and strong product adoption.

22 января, 17:17

Foreign Stock Roundup: Taiwan Semiconductor Beats, Shell Buys Stake in Silicon Ranch

Global markets largely echoed Wall Street's fortunes over last week.

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19 января, 16:11

Прибыль TSMC упала из-за падения спроса на смартфоны

Крупнейший в мире контрактный производитель чипов Taiwan Semiconductor Manufacturing Co. (TSMC) подвёл финансовые итоги четвёртого квартала. Прибыль компании сократилась из-за неблагоприятных колебаний валютных курсов и слабеющих продаж смартфонов. В октябре–декабре 2017 года чистая прибыль TSMC составила NT$99,29 млрд ($3,36 млрд), что почти на 1 % меньше по сравнению с аналогичным периодом 2016-го. Выручка при этом повысилась на 5,9 % и достигла рекордной отметки в NT$277,57 млрд ($9,38 млрд).

18 января, 15:04

TSMC зафиксировала незначительное снижение квартальной прибыли

Крупнейший в мире контрактный производитель микросхем Taiwan Semiconductor Manufacturing (TSMC) зафиксировал незначительное снижение прибыли в четвертом квартале. Так, чистая прибыль сократилась на 0,9% г/г и составила 99,3 млрд новых тайваньских долларов или 3,83 нового тайваньского доллара на бумагу ($0,64 на одну АДР). Выручка, тем временем, возросла на 5,9% г/г и достигла 277,57 млрд новых тайваньских долларов ($9,2 млрд). По оценкам компании, выручка в первом квартале текущего года может составить $8,4-8,5 млрд, тогда как аналитики прогнозируют $8,61 млрд.

18 января, 14:54

TSMC зафиксировала незначительное снижение квартальной прибыли

Крупнейший в мире контрактный производитель микросхем Taiwan Semiconductor Manufacturing (TSMC) зафиксировал незначительное снижение прибыли в четвертом квартале. Так, чистая прибыль сократилась на 0,9% г/г и составила 99,3 млрд новых тайваньских долларов или 3,83 нового тайваньского доллара на бумагу ($0,64 на одну АДР). Выручка, тем временем, возросла на 5,9% г/г и достигла 277,57 млрд новых тайваньских долларов ($9,2 млрд). По оценкам компании, выручка в первом квартале текущего года может составить $8,4-8,5 млрд, тогда как аналитики прогнозируют $8,61 млрд.

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17 января, 16:52

Implied Volatility Surging for Taiwan Semiconductor (TSM) Stock Options

Taiwan Semiconductor (TSM) needs investors to pay close attention to the stock based on moves in the options market lately.

17 июля 2015, 23:07

TSMC продолжает наращивать прибыль

Крупнейший в мире контрактный производитель полупроводниковой продукции - тайваньская Taiwan Semiconductor Manufacturing Company (TSMC) - отчитался по итогам II квартала. Прибыль компании выросла, несмотря на падение выручки.

17 июля 2015, 23:07

TSMC продолжает наращивать прибыль

Крупнейший в мире контрактный производитель полупроводниковой продукции - тайваньская Taiwan Semiconductor Manufacturing Company (TSMC) - отчитался по итогам II квартала. Прибыль компании выросла, несмотря на падение выручки.