Semiconductor Stocks
TSM Q4 Earnings Review
Taiwan Semiconductor Manufacturing released its Q4 2022 results on January 12th. Revenue grew by 26.7% YoY and declined 1.5% QoQ to $19.93 billion. It came in at the lower end of the management guidance of $19.9 billion to $20.7 billion. The company’s profits were strong. EPS came at $1.82 and beat the analyst’s estimate by $0.07. The market reacted positively to the company’s report.
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