Taiwan Semi shares rise after earnings, sales beat forecasts

Shares of Taiwan Semiconductor Manufacturing Co. rose on Thursday after the third-party silicon wafer manufacturer reported forecast-beating earnings and sales in its June-ending quarter.

Analysts... Shares of Taiwan Semiconductor Manufacturing Co. rose on Thursday after the third-party silicon wafer manufacturer reported forecast-beating earnings and sales in its June-ending quarter. Analysts surveyed by FactSet had forecast earnings of $1.44 per ADR and revenue of $17.68 billion. Shares of the company rose 3% in Taipei.

Breaking it down by technology, leading-edge 5-nanometer orders made up 21% of sales, compared with 18% in the year-ago period, while 7-nm orders made up 30% of sales from a previous 31%. Nanometer, or “nm,” denotes the size of each transistor that goes on a computer chip, the general rule being that smaller transistors are faster and more efficient in using power.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Taiwan National Fund Intervenes to Stop Market SlideThe self-ruled island mobilized a national fund to arrest declines in its battered equity market, after Taiwanese stocks continued to fall while other regional markets recovered recently. この自民党、安倍晋三関連のTwitterを見たら、第二、第三の山上容疑者が現れても不思議じゃないな〜
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »