TSMC shares rise more than 3per cent after quarterly profit beat estimate

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TAIPEI : Shares of Taiwan chip giant TSMC rose more than 3per cent on Friday after the firm posted higher-than-expected profit in the third quarter and flagged tight supplies will likely continue into 2022 amid booming demand during the COVID-19 pandemic.The rise compared with a 1.3per cent increase in th

TAIPEI : Shares of Taiwan chip giant TSMC rose more than 3per cent on Friday after the firm posted higher-than-expected profit in the third quarter and flagged tight supplies will likely continue into 2022 amid booming demand during the COVID-19 pandemic.

 

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