A Record Was Not Enough

The city of Ledgerville, where chipmakers just posted record numbers, and chip stocks fell anyway. Mayor Pennywhistle: record profits and falling stocks, the math is broken! Dash: Samsung's profit, roughly eighty billion dollars. Pop: TSMC had a record quarter too! Zap: chip stocks fell anyway; not enough.

Asia's two biggest chipmakers posted blowout numbers, TSMC a record quarter with September revenue up 54.6% and Samsung a quarterly operating profit of about 107.4 trillion won, roughly $80 billion, up from 12.17 trillion a year earlier, and chip stocks fell anyway: Samsung dragged the Kospi down 2.6%, TSMC's US-traded shares fell 3.4%, and Nvidia, Broadcom and Micron lost 2.9%, 4.3% and 4.8%, because a record was not enough to satisfy investors.

Starring

🎙️The AnnouncerMayor PennywhistleDashPopZap