Shares of semiconductor shares, together with Taiwan Semiconductor Mfg. Co. Ltd. TSM, are buying and selling larger in sympathy with QUALCOMM, Inc. QCOM, which reported better-than-expected second-quarter EPS and gross sales outcomes.
Qualcomm reported fiscal second-quarter income of $11.16 billion, which beat the $10.6 billion estimate. The corporate reported quarterly adjusted earnings of $3.21 per share, which beat the estimate of $2.91 per share…Learn Extra
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Taiwan Semiconductor Manufacturing Firm is the world’s largest devoted chip foundry.
In keeping with information from Benzinga Professional, Taiwan Semiconductor Manufacturing is buying and selling larger by 5.5% at $95.22. Taiwan Semiconductor Manufacturing has a 52-week excessive of $145.00 and a 52-week low of $90.22.