Taiwan Semiconductor Manufacturing Stock Is Up Over 5% – What’s Going On?

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Taiwan Semiconductor Manufacturing Company (NYSE:TSM) shares are trading higher in the morning session on Friday

Today, the company said in a regulatory filing that revenue for February 2024 was approximately NT$181.65 billion, an increase of 11.3% year-over-year.

February revenues, however, decreased 15.8% from January 2024.

Revenue for January through February 2024 totaled NT$397.43 billion, an increase of 9.4% compared to the same period last year.

The company recently grabbed …

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