TSMC Sees Strong Chip Demand Coming Up and Invests Billions of Dollars Accordingly
The semiconductor manufacturing giant is pouring billions of dollars into manufacturing equipment to satisfy an expected groundswell of growing chip orders.
Anders Bylund
(TMFZahrim)
Jan 17, 2020 at 7:09AM
Author Bio
Semiconductor foundry giant Taiwan Semiconductor Manufacturing (NYSE:TSM) reported fourth-quarter results this Wednesday evening. The company, often referred to as Taiwan Semiconductor or TSMC, delivered a mixed report compared to analyst projections, but investors largely liked what they saw. TSMC's share prices rose as much as 2.2% in Thursday's morning session.
2020 BRN Discussion, page-389
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