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Wajeeh Khan

Taiwan Semi Stock Moves Into Overbought Territory on Earnings Pop, But Is There Still a Case for Buying TSMC Here?

TSM TSMC AI Counterpoint Semiconductor Taiwan Semiconductor

Taiwan Semiconductor (TSM) shares are extending gains on Jan. 15 after the semiconductor giant posted better-than-expected financials for its fourth quarter. 

On Thursday, the company said its revenue came in at a record NT$1.046 trillion in Q4, driving the quarterly profit up by 35% on a year-over-year basis. 

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