Shares in Apple supplier Taiwan Semiconductor (TSMC) hit an all-time high on Tuesday, coming on the back of record spikes in Apple's share price over the last rontew trading days.

TSMC share price rose to 195 New Taiwan Dollars, up NT$3.5 or 1.83 percent on the Taiwan Stock Exchange, breaking a previous record set in October 2016.

Screen Shot 2 3
Shares in other Apple parts suppliers in Asia also rallied on Tuesday, reported Nikkei Asian Review. Shares in optical lens manufacturer Largan Precision hit an all-time high and contract electronics maker Pegatron reached the highest level since last year. At one point, Foxconn reached NT$91.80, its highest level since 2016.

The rallies came as Apple's own share price hit another all-time high on Monday, reaching $141.46 at the end of trading, following indications that the company could make new product announcements on Tuesday. Rumors suggest Apple is planning updated 9.7-inch and 12.9-inch iPad Pro models, a 128GB iPhone SE, a red color option for iPhone 7 and iPhone 7 Plus, and new Apple Watch bands.

The gains have also been fed by speculation surrounding Apple's "iPhone 8", which is expected to launch in the fall, but could conceivably appear earlier. Several financial analysts have raised their price targets for Apple's stock to between $150 and $185, according to research notes obtained by MacRumors.

TSMC is also thought to be considering moving some of its chip manufacturing into the United States, according to sources, with a decision said to be coming specifically in the "first half of 2018", with upwards of $16 billion potentially being invested in getting the American plant up and running.

Tags: TSMC, AAPL

Top Rated Comments

Bart Kela Avatar
53 months ago
That's because you artfully took a specific time frame to make your case.
No, it wasn't an arbitrary time frame: 1 year, 2 year, and 5 year historical performance are all standard investment measurements which is why they are offered on sites like Yahoo Finance, Morningstar, brokerage firms, etc.

1 year performance is key since it's when capital gains are taxed at the long-term rate rather than short-term.


Just take a longer, or shorter time frame and AAPL outperformed basically everything.
Nope ('https://finance.yahoo.com/chart/MSFT#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%3D').

Here's AAPL compared to MSFT and ORCL ('https://finance.yahoo.com/chart/AAPL?p=AAPL#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%3D'). Those are two very well known companies, I didn't pick oddball, small cap stocks.


For example, compare GOOG and AAPL returns from 2006 to today.
Well, yes, GOOG has underperformed AAPL in the trailing twelve months.

But a couple of the other FANGs, Netflix and Amazon have outperformed AAPL in the TTM ('https://finance.yahoo.com/chart/AAPL#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').


Or any other stock from 31/12/2016 to today.
Also no. Here's the list of top 50 performing stocks 2017 YTD ('http://www.greenandredmarket.com/menu/yeartodategainers.htm') and AAPL is not on the list.

Here are AAPL and three other S&P 500 components graphed ('https://finance.yahoo.com/chart/AAPL#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') in 2017 YTD performance.

Let's face it, Apple has historically had periods of being a very well performing investment, but it has had it down moments as well. The fact that it has not outperformed the S&P 500 over the past two or five years is very telling.

AAPL is a value stock, not a growth stock these days. A lot of people here seem to be wearing blinders and believe that AAPL has always been the best investment and will continue to be the best investment forever, ignoring hard evidence that it has most certainly not been the best investment over the past 2 or even five years.

I'm still an indirect AAPL shareholder as many index funds have notable positions in AAPL.

LOL, my portfolio is getting hammered today. :p
Score: 2 Votes (Like | Disagree)
djcerla Avatar
53 months ago
Apple shares are trading at $994.35 pre-7:1-split adjusted in premarket, at spitting distance from $1000 a share.

It's worth remembering that, after the drop from $200 to $80 in 2009, many on this forum predicted it would never recover, and the only analyst who kept his target at $800 was ridiculed.

In 2016, Apple's stock dropped again, and many on this forum predicted the iPhone and AAPL had peaked.

Let's sum things up with an appropriate song:

Score: 2 Votes (Like | Disagree)

Top Stories

april 2021 event coverage feature

Apple Event Live Coverage: New iPads, AirTags, and More Expected [Event Over]

Tuesday April 20, 2021 9:07 am PDT by
Apple's virtual "Spring Loaded" event kicks off today at 10:00 a.m. Pacific Time, with Apple expected to debut updated iPad models and perhaps some other hardware such as AirTags or iMac models based on Apple silicon. Apple is providing a live video stream on its website, on YouTube, and in the company's TV app across its platforms. We will also be updating this article with live blog...
m1 imac colors

Apple Announces Redesigned iMac With M1 Chip and Seven Color Options

Tuesday April 20, 2021 10:22 am PDT by
Apple has announced a new, redesigned 24-inch iMac, featuring an M1 chip, a 4.5K display, and a range of color options, as well as an improved cooling system, front-facing camera, speaker system, microphones, power connector, and peripherals. The new iMac features a completely new compact design, and comes in a range of seven striking colors, including green, yellow, orange, pink, purple,...
iphone 12 preorder purple

Apple Launching iPhone 12 and 12 Mini in New Purple Color on April 30

Tuesday April 20, 2021 10:08 am PDT by
Apple today announced that the iPhone 12 and iPhone 12 mini will be available in a new purple color starting April 30, with pre-orders starting this Friday. Apple is also releasing a new MagSafe Leather Case and Leather Sleeve in Deep Violet, a Silicone Case in Capri Blue, Pistachio, Cantaloupe, or Amethyst, and a Leather Wallet in Arizona, all available to order beginning today. iPhone...
14

Apple Says iOS 14.5 Will Be Released 'Next Week'

Tuesday April 20, 2021 11:08 am PDT by
Apple today in a press release about its new AirTag item tracker announced that iOS 14.5 and iPadOS 14.5 will be available starting "next week." iOS 14.5 and iPadOS 14.5 are packed with new features, including the ability for iPhone users who are wearing an Apple Watch to unlock the iPhone with Face ID while wearing a mask. iOS 14.5 and iPadOS 14.5 will also be the minimum software versions...
ipad pro with m1 chip

Apple Introduces Next-Generation iPad Pro With M1 Chip, Thunderbolt, 5G, XDR Display, and More

Tuesday April 20, 2021 10:40 am PDT by
Apple today announced the next-generation iPad Pro with the same M1 chip found in the latest Macs, Thunderbolt and USB4 support, 5G connectivity on cellular models with mmWave support in the United States, and more. With an 8-core CPU and 8-core GPU, Apple says the M1 chip in the new iPad Pro provides up to 50% faster performance and up to 40% faster graphics compared to the A12Z Bionic chip ...
f1618938547

Apple Announces AirTag Tracking Devices Starting At $29 Each

Tuesday April 20, 2021 10:10 am PDT by
Apple today announced AirTag, a Tile-like Bluetooth tracking device that's designed to be attached to items like keys and wallets for tracking purposes, letting you find them right in the Find My app. AirTags are accessories for attaching to backpacks, luggage, and other items. Any U1 device like the iPhone 12 can be used for precision finding to guide you right to the item you're looking...
Ports 2021 MacBook Pro Mockup Feature 1 copy

Stolen MacBook Pro Schematics Confirm Apple's Plans to Add More Ports and Remove Touch Bar

Wednesday April 21, 2021 10:31 am PDT by
Schematics stolen from Apple supplier Quanta Computer outline Apple's plans for the next-generation MacBook Pro models that are expected in 2021, and clearly confirm plans for additional ports and a return to MagSafe. MacRumors saw the schematics after they were leaked online, and some of them feature the logic board of the next-generation MacBook Pro. On the right side of the machine,...
iPad Pro

New 12.9-Inch iPad Pro Will Be 0.5mm Thicker to Accommodate Mini-LED Display

Monday April 19, 2021 11:30 am PDT by
The upcoming 12.9-inch iPad Pro will be thicker than the previous-generation version, likely due to the inclusion of the mini-LED display. We've heard several rumors about the change in thickness, and now leaked design images have confirmed it. A source that designs accessories for Apple devices sent MacRumors a series of photos that feature exact dimensions for the new iPad Pro models, and...
iPad Pro Feature Orange

Wedbush Analysts Say 'Spring Loaded' Event Will Debut New iPads With 'Modest Price Increase,' Along With 'a Few Surprises'

Monday April 19, 2021 6:37 am PDT by
Apple is planning to launch a new entry-level iPad, iPad mini, and iPad Pro at its "Spring Loaded" event tomorrow, along with "a few surprises," according to Wedbush analysts. In a new note to investors, seen by MacRumors, Wedbush analysts Daniel Ives and Strecker Backe explained that the iPad will be the main focus of Apple's "Spring Loaded" event, with new entry-level iPad, iPad mini, and ...
maxresdefault

Apple Event 2021: Everything Apple Announced at Its 'Spring Loaded' Event in Just 6 Minutes

Tuesday April 20, 2021 4:23 pm PDT by
Apple today held its first event of 2021, and it was one of the most exciting events that we've seen in some time. Apple announced a whole slew of new products, including an M1 iMac, an M1 iPad Pro, a refreshed 4K Apple TV, and the long-awaited AirTags. Subscribe to the MacRumors YouTube channel for more videos. It took Apple an hour to introduce all of the new devices during its virtual...