
Taiwan Semiconductor rose over 4% with strong revenue continuing last month
Taiwan Semiconductor (TSM.US) saw its stock price rise by over 4% on Wednesday, as the company's revenue growth in August was ideal, indicating strong demand for advanced chips.
The company announced that its net income in August was NT$335.8 billion (approximately USD 11.1 billion), an increase of 3.9% from July and a year-on-year surge of 33.8%, marking the second-highest monthly sales in the company's history
