$Taiwan Semiconductor (TSM.US)$ UPDATES >> TSMC has taken steps to mitigate currency risks by investing in overseas operations and increasing capital in foreign subsidiaries. These measures aim to reduce the costs associated with currency hedging. At the same time USD is growing weaker... no matter compared to which currency
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blueSky91
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Bloomberg news - YouTube it affects the tsm operating margin by 0.5% for each percent move
blueSky91
SKF25
:
currency hedge is not my thing.. based on my rough estimate twd rised 6 pips from 27 April, which amount to 12.5%.. it doesn't mean tsm should be discounted by that much.. but it 8s a valid concern. I am sure that as an export focus business, tsm has a solid plan to handle currency fluctuations.
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blueSky91 : Bloomberg news - YouTube
it affects the tsm operating margin by 0.5% for each percent move
SKF25 OP blueSky91 : Like i said they took action already~ https://www.taiwannews.com.tw/news/6101859?utm_source
SKF25 OP blueSky91 : thanks for sharing though; i am confident they will smooth things out with each other