TSMC shares rose nearly 3% in morning trading

Tiger Newspress2022-01-11

TSMC shares rose nearly 3% in morning trading. TSMC reported a sixth straight quarter of record sales, buoyed by unrelenting demand by Apple.

Taiwan Semiconductor Manufacturing Co. reported a sixth straight quarter of record sales, buoyed by unrelenting demand by Apple Inc. and other customers for chips produced by the world’s largest foundry.

Revenue for the December quarter jumped 21% to NT$438.2 billion ($15.8 billion), according to monthly figures released by TSMC Monday. That compared with the NT$436.2 billion consensus estimate and the company’s own forecast of sales of as much as $15.7 billion.

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Comments

  • HYTHYT
    2022-01-25
    HYTHYT
    yes
  • ShinyStars38
    2022-01-12
    ShinyStars38
    Should be strong to support market shortage 
  • Hkh
    2022-01-12
    Hkh
    Great
  • TaiWoeiHaur
    2022-01-12
    TaiWoeiHaur
    Good morning 
  • FlorCheah
    2022-01-12
    FlorCheah
    TSM
  • JCKL488
    2022-01-12
    JCKL488
    Good investment = TSMC
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