The most important earnings of the quarter..!

Many of you may think why TSM’s earnings could be the most important while we have TSLA and NFLX on the same day?

To answer that, let’s look at TSM's main customers are:

Apple
AMD
Nvidia
Qualcomm
MediaTek
Broadcom
Marvell
HiSilicon
Allwinner Technology
Spectra7
UNISOC
These companies are all fabless semiconductor companies, which means that they design chips but do not manufacture them themselves. TSMC provides manufacturing services to these companies, which allows them to focus on their core competencies.

In 2021, Apple was TSM's largest customer, accounting for 26% of its revenue. AMD was the second-largest customer, with 15% of revenue. Nvidia was the third-largest customer, with 11% of revenue.

TSM's other customers include a wide range of companies in the electronics, automotive, and industrial sectors. The company's chips are used in a variety of products, including smartphones, computers, tablets, TVs, cars, and industrial machinery.

TSM is the world's largest semiconductor foundry, and its customers are some of the leading companies in the electronics industry. The company's strong customer relationships are a key factor in its success.

Now you can see the decline in revenue of TSM will give us an outlook about the most important tickers inTech sector.

Conclusion: Decline in TSM and Foxconn revenue is not a good fundamental sign in Tech sector.