TSM - What's Going On With AMD Stock Thursday? | Benzinga
Advanced Micro Devices, Inc (NASDAQ: AMD) stock is trading higher Thursday after crucial supplier Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) reported upbeat quarterly earnings and outlook.
TSMC reported a third-quarter revenue decline of 14.6% year-on-year to $17.28 billion, beating the consensus of $17.07 billion. EPS of $1.29 beat the consensus of $1.17. It expects Q4 revenue of $18.8 billion - $19.6 billion vs. consensus of $18.65 billion.
CEO C. C. Wei ...