Reported Earlier, 'Anthropic secured highest junk credit rating in June' - FT Exclusive
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Intel & Broadcom CEOs warn capital bottlenecks could stall AI growth despite record tech demand as global AI debt issuance slows.
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TSMC is positioned for strong growth through 2030, with analysts expecting 46% revenue growth and 66% EPS growth in 2026, followed by 32% and 31% CAGRs respectively through 2028. The article projects a $1,000 investment could grow to over $3,000 by late 2030 if the company meets expectations and trades at 20x forward earnings, driven by AI and cloud infrastructure demand. However, risks include Taiwan-China tensions, costly overseas expansion, and potential AI spending slowdowns.
The iShares Semiconductor ETF is on a nine-session losing run unseen since May 2006, as the KOSPI posts its worst week since 2008, optical names suffer dot-com-era drops and Bank of America sees a Cisco echo.
ASML, the Dutch semiconductor equipment maker, is identified as the true bottleneck in AI chip production. As the sole producer of high-end EUV lithography systems essential for manufacturing advanced AI chips, ASML has no competitors and significant pricing power. The company expects 35-38% revenue growth for 2026 with expanding EPS, driven by surging demand for its EUV systems from foundries like TSMC, Samsung, and Intel.
Applied Optoelectronics stock fell 23.6% this week after Broadcom CEO warned of capital constraints that could slow AI infrastructure spending. The optical component maker, which relies heavily on data center customers for 800G transceivers, faces headwinds from funding concerns among major cloud providers. The stock has declined 64.2% from its 52-week high, compounded by recent shareholder dilution from a $600 million equity offering.
Nvidia CEO Jensen Huang reveals how repeated calls and a personal letter to TSMC founder Morris Chang forged a decades-long partnership.