TSMC shares rose 2% in premarket trading

Tiger Newspress2022-01-10

TSMC shares rose 2% in premarket trading.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

LimLS
2022-01-11
LimLS
TSMC is a good company with dominance in its industry. Many rivals don't come close. Definitely a good company to own. But do take note it's valuation is on the high side of history, the coming supply glut that may come in 2023-2024, and lastly the market sentiment due to a more hawkish Fed. I'm vested and wish to buy more, unfortunately not at current price.
Blading23
2022-01-11
Blading23
Read
- Blading23:
  like
Toby_Chua
2022-01-10
Toby_Chua
Fa fa funds that stay long on Taiwan tech stocks
Jasminephyo
2022-01-10
Jasminephyo
Ok
koolgal
2022-01-10
koolgal
TSMC has a record 6 quarters of record sales! No wonder its share price rose today! Go TSMC! May you continue to have unrelenting demand from Apple!
SniperTig
2022-01-10
SniperTig
Nice

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Go TSMC!&nbsp; May you continue to have unrelenting demand from Apple!&nbsp;","listText":"TSMC has a record 6 quarters of record sales!&nbsp; No wonder its share price rose today! Go TSMC!&nbsp; May you continue to have unrelenting demand from Apple!&nbsp;","text":"TSMC has a record 6 quarters of record sales! No wonder its share price rose today! Go TSMC! May you continue to have unrelenting demand from Apple!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006499888","repostId":1165224700,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9006499990,"gmtCreate":1641809722635,"gmtModify":1676533649659,"author":{"id":"4087778055554910","authorId":"4087778055554910","name":"SniperTig","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4087778055554910","idStr":"4087778055554910"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006499990","repostId":1165224700,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":164,"commentSize":18,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1165224700"}