
Taiwan Semiconductor Manufacturing (NYSE: TSM) did it again in its latest earnings release. The company impressed markets with its Q4 results, sending shares up significantly on the day. The report marked the 14th consecutive quarter of the company, beating estimates on adjusted earnings per share (EPS).
The world’s king of chip manufacturing continues to show strength, which is supported by the demand for advanced node technologies. Below, I’ll dive into more specific details of the report and put them in the context of my overall outlook on Taiwan Semiconductor Manufacturing Company, also known as TSMC.