TSMC, Q4 Profit and Fourth-Quarter
TSMC's Fourth-Quarter Net Profit Likely Jumped 55% -- Earnings Preview
NET PROFIT: The Taiwanese chip maker is expected to post a 55% rise in quarterly net profit to 370.64 billion New Taiwan dollars, equivalent to US$11.24 billion, according to the consensus estimate of 26 analysts in a FactSet poll. That would compare with NT$238.7 billion in the year-earlier period.
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TSMC shares will likely remain in the spotlight ahead of the contract chipmaker’s fourth quarter earnings report due Thursday before the opening bell. Monitor these important chart levels.
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