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home / articles / TSM - Taiwan Semiconductor Q4 Sales Beats Estimates As AI Demand Offsets Chip Shortage: Report | Benzinga

TSM - Taiwan Semiconductor Q4 Sales Beats Estimates As AI Demand Offsets Chip Shortage: Report | Benzinga

Taiwan Semiconductor Manufacturing Company Ltd.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM) on Wednesday reported an 8.4% drop in December revenues of NT$176.3 billion ($5.66 billion).

December sales were down 14.4% from November 2023. Revenue for January through December 2023 totaled NT$2,161.74 billion, a decrease of 4.5% compared to the same period in 2022.

TSM's December print completed an NT$625.5 billion quarter, surpassing the average analyst estimate for sales over the last three months of NT$616.2 billion, Bloomberg Full story available on Benzinga.com
Stock Information
Company Name: Taiwan Semiconductor Manufacturing Company Ltd.
Stock Symbol: TSM
Market: NYSE
Website: tsmc.com
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