ASX

$7.15
-$0.40 (-5.3%)
Closing price March 4, 2021
Semiconductor manufacturing giant TSMC reported better-than-expected quarterly and annual results Thursday morning. But the real winners could be the companies that provide services to TSMC.
Semiconductor equipment company stocks have had a strong 12-month run, and Needham has selected Applied Materials as its top pick going forward.
While chipmaking giant Intel may be having manufacturing difficulties with its latest chip designs, the makers of semiconductor manufacturing equipment are flourishing.