TSMC Reports Strong Revenue Growth Amid Monthly Dip

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https://www.tipranks.com/news/company-announcements/tsmc-reports-strong-revenue-growth-amid-monthly-dip

Taiwan Semiconductor Manufacturing (TSM) has released an update.

Taiwan Semiconductor Manufacturing Company (TSMC) reported a significant revenue of NT$276.06 billion in November 2024, marking a 34% increase compared to the same month last year, despite a 12.2% decrease from the previous month. The company’s year-to-date revenue through November 2024 has risen by 31.8% compared to the same period in 2023, highlighting robust growth in the semiconductor market. This performance underscores TSMC’s strong foothold and promising prospects for investors eyeing the tech sector.

For further insights into TSM stock, check out TipRanks’ Stock Analysis page.

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