Taiwan Semiconductor’s EPS beats $ 0.09, beats on revenue (NYSE: TSM)

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Taiwan Semiconductor (NYSE: TSM): BPA GAAP T3 or $ 0.90 a batch of $ 0.09.

Revenue of $ 12.14 billion (+ 29.1% over one year) bat par 210 M $.

“Our third quarter business benefited from strong demand for our advanced technologies and specialized technology solutions, driven by 5G smartphones, HPC and IoT applications,” said Wendell Huang, vice president and chief financial officer from TSMC. “As we approach the fourth quarter of 2020, we expect our sequential growth to be supported by strong demand for our industry-leading 5 nanometer technology, driven by 5G smartphone launches and HPC-related applications.”

Press release



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