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TSMC November Revenue Rose 34% on Year to NT$276.06B
6-K: Report of foreign private issuer (related to financial reporting)
The demand for ai remains strong, and taiwan semiconductor (TSM.US) sales in November grew by 34% year-on-year.
In November, taiwan semiconductor's sales increased by 34% year-on-year, reaching 276.1 billion New Taiwan dollars.
AI chip demand drives growth! taiwan semiconductor's sales in November increased by 34% year-on-year, but dropped compared to the previous month.
Driven by the demand for ai chips, taiwan semiconductor's sales in November were 276.06 billion New Taiwan dollars, but this represents a 12.2% decline month-on-month, with ongoing concerns about the slowdown in datacenter construction.
TSMC Revenue Surges 34% in Nov, but Slows From Prior Month
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.