Taiwan Semiconductor Tops Q2 Targets On Leading-Edge Chip Demand

Taiwan Semiconductor Manufacturing (TSM) on Thursday beat analyst estimates for the second quarter and with its outlook. But TSM stock fell after the report. The world's largest contract chipmaker, better known as TSMC, earned $4.31 per U.S. share on sales of $40.2 billion in the June quarter. Analysts polled by FactSet had expected TSMC to earn $3.81 a share on…