TSMC Achieves Impressive Monthly Sales Growth, Stock Soars
TL;DR
Taiwan Semiconductor Manufacturing Co. (TSMC) saw its shares jump as much as 4.1% after reporting its first monthly sales gain since February. The world's largest supplier of made-to-order chips recorded a 15.7% increase in revenue in October, signaling a gradual recovery in the global chip market. TSMC's CEO expects the chip market to hit bottom soon, and the company has projected strong sales for the current quarter.
- TSMC Jumps After Posting First Monthly Sales Gain Since February Yahoo Finance
- Why Taiwan Semiconductor Manufacturing, Advanced Micro Devices, and Broadcom Were Soaring Today The Motley Fool
- TSM Stock Rises On Strong Sales Growth In October Investor's Business Daily
- TSMC’s sales jump 35% last month to a new monthly high 台北時報
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