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TSMC (TSM +2.3%) provides some cheer for chip stocks by announcing sales for the seasonally weak...

TSMC (TSM +2.3%) provides some cheer for chip stocks by announcing sales for the seasonally weak month of December were NT$37.1B ($1.28B), -16% M/M but +19% Y/Y. That leads total Q4 sales to amount to NT$131.3B, slightly above guidance of NT$129B-$131B. TSMC's 28nm manufacturing process lead and strong exposure to Apple/Samsung suppliers helped it gain chip foundry share in 2012. (previous)
Comments (1)
  • Bought in 2009 based on integrity of firm. Guess it has paid off. Ride up from here.
    10 Jan 2013, 04:34 PM Reply Like
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