TSM’s Revenues Soar in November
December 09 2022 - 03:51AM
TipRanks
Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) reported
revenues of NT$222.71 billion for the month of November up 5.9%
month-over-month and an increase of 50.2% year-over-year. The chip
maker's revenues for January through November 2022 totaled
NT$2,071.33 billion, up 44.6% from the same period last year.
Earlier this week, TSM announced that it was more than tripling its
investment in its Arizona plant in the U.S. to $40 billion. Wall
Street analysts are bullish about TSM stock with a Strong Buy
consensus rating based on a unanimous six Buys.
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Taiwan Semiconductor Man... (NYSE:TSM)
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