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TSMC’s Chip Recovery Outlook May Be a Pipe Dream

TSMC’s Chip Recovery Outlook May Be a Pipe Dream

Chrys Hendricks by Chrys Hendricks
January 13, 2023
in Finance
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Taiwan Semiconductor Manufacturing stock investors cheered the chip maker’s surprisingly hopeful outlook for a demand turnaround later this year.

On Thursday,


TSMC


‘s (ticker: TSM) reported better-than-expected earnings results for the fourth quarter and gave a revenue guidance range for the current quarter below analyst estimates.

Chrys Hendricks

Chrys Hendricks

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