|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||652.08 - 693.91|
|52-week range||495.90 - 902.00|
|Beta (5Y monthly)||0.91|
|PE ratio (TTM)||42.66|
|Forward dividend & yield||3.94 (0.56%)|
|Ex-dividend date||02 Nov 2021|
|1y target est||N/A|
Unfortunately for those who want the current semiconductor shortage to end as soon as possible, ASML CEO Peter Wennink's comments seemed to indicate the current chip crunch could last quite awhile still. For the fourth quarter, ASML reported nearly 5 billion euros in revenue, up 17.2% over the prior-year quarter. Given that we are still in a huge chip shortage and companies across the world are scrambling to increase supply, and given that ASML has a monopoly on some on key technology, one might have thought revenue would have been higher.
Taiwan Semiconductor Manufacturing (NYSE: TSM), popularly known as TSMC, released fourth-quarter results on Jan. 13 and shares of the chip giant surged following the report as it became evident that the demand for chips is going to stay strong in 2022 and beyond. One of the highlights of TSMC's report was the big bump in the company's capital spending budget for 2022. The company has outlined a capital expenditure budget of $40 billion to $44 billion for this year, which points toward a roughly 40% increase over 2021 capex of $30 billion.
Yahoo Finance's Dan Howley joins the Live show to discuss why Intel's new plant won't end the chip shortage overnight, the chip shortage outlook, and inflation.