Taiwan Semiconductor Says Revenue For February 2024 Was Approximately NT$181.65B, Up 11.3% YoY
Portfolio Pulse from Benzinga Newsdesk
Taiwan Semiconductor (TSM) reported an 11.3% year-over-year increase in revenue for February 2024, reaching NT$181.65 billion. For the January-February 2024 period, revenue totaled NT$397.43 billion, marking a 9.4% increase from the same period in 2023.
March 08, 2024 | 12:50 pm
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Taiwan Semiconductor (TSM) reported significant revenue growth for February 2024 and the combined January-February period, indicating strong performance.
The reported revenue growth for TSM indicates a strong performance and positive business momentum. This is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
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