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Technology Stocks : Semi Equipment Analysis
SOXX 283.58+0.3%4:00 PM EST

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To: Return to Sender who wrote (88635)7/14/2022 11:05:46 AM
From: Return to Sender1 Recommendation

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oldbeachlvr

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Strong demand from auto makers and consumer-goods giants helped Taiwan Semiconductor Manufacturing raise revenue forecasts for the year and beat second-quarter earnings estimates. TSMC (ticker: TSM) posted net income for the three months ended in June of $1.55 a share on revenue of $17.9 billion. Analysts estimated TSMC would report earnings per share of $1.44.

finance.yahoo.com

TSM is up a bit today in a down market. Obviously they beat expectations.

RtS
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