TSMC Posts Higher Q4 Profit

By: Benzinga
Taiwan Semiconductor Manufacturing Co (NYSE: TSM ) reported a 7.7% rise in its fourth-quarter net profit. TSMC's quarterly net profit surged to 44.81 billion New Taiwan dollars (US$1.49 billion), from a year-ago profit of NT$41.60 billion. However, analysts were expecting a profit of NT$41.76 billion. Its revenue climbed 10.9% to
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