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Taiwan Semiconductors Stock Breaks Past Resistance, Makes Strong Bullish Move: What's Next? Taiwan Semiconductor Manufacturing (TSM) Benzinga

January 14, 2022
Source: benzinga.com benzinga.com
News Snapshot:
Taiwan Semiconductor Manufacturing Co. (NYSE: TSM ) shares were trading higher Thursday after the company announced better-than-expected fourth-quarter financial results and issued guidance above estimates. The company reported quarterly earnings of $1.15 per share, beating the estimate of $1.12 per share. Revenue was reported at $15.74 billion, beating the estimate of $15.84 billion. The company expects first-quarter revenue to be between $16.6 billion and $17.2 billion versus the estimate of $15.84 billion. Taiwan Semiconductors was up 6.5% at $140.88 Thursday afternoon. See Also: Why Taiwan Semiconductor Shares Are Trading Higher Today Taiwan Semiconductors Daily Chart Analysis Shares recently were able...
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