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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Comment（18）

LimLS
·2022-01-11
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.
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Blading23
·2022-01-11
Read
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2
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- Blading23:
  like
  2022-01-11
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Toby_Chua
·2022-01-10
Fa fa funds that stay long on Taiwan tech stocks
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1
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Jasminephyo
·2022-01-10
Ok
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2
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koolgal
·2022-01-10
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!
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12
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SniperTig
·2022-01-10
Nice
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3
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Ray19
·2022-01-10
Pls like
Reply
5
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yyxyz
·2022-01-10
Great
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4
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Cheryi
·2022-01-10
Ok
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4
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- Blading23:
  like
  2022-01-11
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- ngjr90:
  Like
  2022-01-10
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Jeg
·2022-01-10
Wow
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6
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1nquisit0
·2022-01-10
Please like
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6
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JL1978
·2022-01-10
[Cool]
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9
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HyunBin
·2022-01-10
Like pls
Reply
7
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dngggg
·2022-01-10
nice
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7
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Greg2021
·2022-01-10
Well done TSM
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6
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waiwaiho
·2022-01-10
👍
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6
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AA23
·2022-01-10
Ok
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7
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KukuSaguru
·2022-01-10
Good news for chip
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6
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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"},{"id":9006407299,"gmtCreate":1641809168210,"gmtModify":1676533649627,"author":{"id":"3581771143434296","authorId":"3581771143434296","name":"Ray19","avatar":"https://community-static.tradeup.com/news/b009e5dc10330ec9adb81b8620da9d6e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3581771143434296","idStr":"3581771143434296"},"htmlText":"Pls 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pls&nbsp;","listText":"Like pls&nbsp;","text":"Like 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