/author-service-images-prod-us-east-1.publishing.aws.arc.pub/morningstar/51408a44-34a8-4b9e-9370-8acd8e7699af.jpg)
Taiwan Semiconductor Earnings: Lifting Fair Value Estimate After a Beat-and-Raise Quarter
We believe hyperscalers’ elevated spending in the coming years justifies TSMC’s bigger capex budget.
Phelix Lee is a senior equity analyst for Morningstar.* He covers Asia technology stocks, with a focus on semiconductors.
Before joining Morningstar in 2019, Lee spent five years at a Hong Kong-based brokerage firm as an equity analyst covering small/mid-cap names in tech hardware.
Lee holds a Bachelor of Business Administration (Honours) in financial services from the Hong Kong Polytechnic University. He also holds the EFFAS Certified ESG Analyst® designation.
*Morningstar Asia Limited (“Morningstar”) is a wholly owned subsidiary of Morningstar, Inc.
United States