Taiwan Semiconductor Smashes Q3 Earnings Target. But Stock Retreats.
For the current quarter, TSMC expects revenue of 33.4 billion. The midpoint of 31.55 billion. In the fourth quarter last year, it posted sales of $26.38 billion. In morning trades on the stock market today, TSM stock hit a record high of 311.37 before retreating. In recent trades, it was down a fraction to 304.09. On Sept. 9, TSM stock broke out of a flat base at a buy point of 248.28, according to IBD MarketSurge charts. BREAKING: Stocks Open ...