Latest news with #SimonColes
Yahoo
29-05-2025
- Business
- Yahoo
Barclays Sees Opportunity in Taiwan Semi (TSM) Despite Headwinds, Cuts Target to $215
Barclays analyst Simon Coles recently lowered the price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $215 from $255 and kept an Overweight rating on the shares. TSM makes and sells integrated circuits and semiconductors. The advisory believes TSMC shares are already pricing in a slowdown and thus look increasingly attractive, the analyst tells investors in a research note. The advisory says the company's fiscal 2025 guidance was maintained which implies some slowdown in the second half of the year, which makes sense. A close-up of a complex network of integrated circuits used in logic semiconductors. Latest reports, per Chinese-language financial newspaper CTEE, indicate that Taiwan Semiconductor Manufacturing Company is planning to raise prices on one of its advanced manufacturing nodes soon. The global foundry is set to increase the price of its 4 nanometer manufacturing node by 10% and may increase it up to 30%, the news outlet added. Reports of TSM increasing prices have been doing the rounds since late last year. While we acknowledge the potential of TSM, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSM and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 33 Most Important AI Companies You Should Pay Attention To and 30 Best AI Stocks to Buy According to Billionaires Disclosure: None.
Yahoo
29-05-2025
- Business
- Yahoo
Barclays Sees Opportunity in Taiwan Semi (TSM) Despite Headwinds, Cuts Target to $215
Barclays analyst Simon Coles recently lowered the price target on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $215 from $255 and kept an Overweight rating on the shares. TSM makes and sells integrated circuits and semiconductors. The advisory believes TSMC shares are already pricing in a slowdown and thus look increasingly attractive, the analyst tells investors in a research note. The advisory says the company's fiscal 2025 guidance was maintained which implies some slowdown in the second half of the year, which makes sense. A close-up of a complex network of integrated circuits used in logic semiconductors. Latest reports, per Chinese-language financial newspaper CTEE, indicate that Taiwan Semiconductor Manufacturing Company is planning to raise prices on one of its advanced manufacturing nodes soon. The global foundry is set to increase the price of its 4 nanometer manufacturing node by 10% and may increase it up to 30%, the news outlet added. Reports of TSM increasing prices have been doing the rounds since late last year. While we acknowledge the potential of TSM, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSM and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 33 Most Important AI Companies You Should Pay Attention To and 30 Best AI Stocks to Buy According to Billionaires Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-04-2025
- Politics
- Yahoo
'Real risk' as homes to be built without link road
Hundreds of new homes are to be built without a link road, creating a "real risk" to people's lives, a councillor has said. The final stage of Taunton's Nerrols Farm development, which includes 292 homes, has now been approved after years of debates and complaints. But without the proposed link road, all of the new residents will have to use a single road. Parish councils and Taunton's MP objected to the plans progressing without the new route linking Lyngford Lane to Bossington Drive. But, councillor Simon Coles, chair of Somerset Council's planning meeting, said if they refused the application, there was 99% chance they will lose on appeal. More news stories for Somerset Listen to the latest news for Somerset Once complete, the Nerrols Farm development will include about 900 homes and a new primary school. Developer David Wilson Homes argued that delivering the link road was not practical due to a narrow "ransom strip" between the phase two and three sites, which was outside of its ownership, according to the Local Democracy Reporting Service. To offset the increase in traffic onto nearby roads, an additional walking and cycling link will be provided, offering a route to Pyrland School and the Wellsprings Leisure Centre. Numerous residents and councillors spoke against the application when it was debated at a meeting on 15 April. Councillor David Fothergill said traffic assessments were not conducted on the north side of the development and he believed this information would change the outcome. "Are you going to put residents and their children at real risk because you haven't seen the information you need to make the right decision?", he said. Resident Kate Wilson added: "None of this makes any sense. The consequences of these plans will not only be unsafe, but irreversible." The committee approved the plans by five votes to four, with one abstention. Follow BBC Somerset on Facebook and X. Send your story ideas to us on email or via WhatsApp on 0800 313 4630. Developer successfully appeals plan for 150 homes Housing plan moves closer after wetlands approved Plans for new homes near motorway submitted Local Democracy Reporting Service
