TSM

50 Stocks Portfolio member TSM reports record quarterly revenue on 5G iPhone demand

50 Stocks Portfolio member TSM reports record quarterly revenue on 5G iPhone demand

Today, January 8, Taiwan Semiconductor Manufacturing (TSM), the worlds largest contract chipmaker, reported December sales that translate into record quarterly revenue with estimated sales in the quarter climbing to $12.9 billion (361.5 NT$). (The company reports its quarter on January 14.) The projections based on December revenue amount to a 25% increase in revenue in 2020 from 2019.

50 Stocks Portfolio member TSM reports record quarterly revenue on 5G iPhone demand

Stock Pick of the Day: Taiwan Semiconductor (TSM)

Announcing a new feature on JubakAM--my stock pick of the day. With Taiwan Semiconductor as my first pick. The hoo ha at the end of last week over restrictions on the sale of U.S. semiconductors to China's Huawei Technologies, high-lighted the central role that Taiwan...