TSMC Q2 Net Profit Rises 24%

By: Benzinga
Taiwan Semiconductor Manufacturing Co (NYSE: TSM ) reported a rise in its net profit for the second quarter. TSMC's quarterly net profit surged 24% to $51.81 billion New Taiwan dollars ($1.74 billion) from NT$41.84 billion. However, analysts were expecting a net profit of NT$49.32 billion. Its revenue climbed 22% to
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