Taiwan Semiconductor Manufacturing Reports August 2023 Sales Of NT$188.7B, Up 6.2% Q/Q, But Down 13.5% Y/Y-8K
Portfolio Pulse from Benzinga Newsdesk
Taiwan Semiconductor Manufacturing (TSM) reported August 2023 sales of NT$188.7B, a 6.2% increase quarter-over-quarter, but a 13.5% decrease year-over-year.
September 08, 2023 | 10:45 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
TSM's Q3 2023 sales increased 6.2% Q/Q but decreased 13.5% Y/Y. This mixed result may lead to uncertain market reactions.
TSM's sales increased quarter-over-quarter, which is a positive sign of growth. However, the year-over-year decrease indicates a negative trend. These mixed results may lead to uncertainty in the market, potentially impacting TSM's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100