Natuzzi (NYSE:NTZ) reported quarterly losses of €(0.02) per share. This is a 100 percent decrease over losses of €(0.01) per share from the same period last year. The company reported €116.90 million in sales this quarter. This is a 10.48 percent decrease over sales of €130.58 million the same period last year.
What’s Going On With Apple Supplier Taiwan Semi Stock On Thursday?
TSMC exceeded Q1 expectations with strong demand from AI firms contributing to 65% of revenue. Apple and Nvidia are key customers. Q2 forecast is robust, driven by advanced technologies and expanded customer base. AI servers to double revenue within a year. TSMC reaffirms capital expenditure and predicts low-to-mid 20% revenue increase in 2024. Analysts view TSMC favorably. TSM stock gained 58% in the last 12 months. Investors can gain exposure through SMH and VWO ETFs. TSM shares closed lower at $133.80 premarket.
