Wednesday, June 15, 2022
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Why Taiwan Semiconductor Manufacturing Shares Are Rising

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

See Additionally: Why Pinterest Shares Are Shifting Larger As we speak

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.



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