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Fantastic News for Semiconductor Investors

The chipmaking giant just reported promising earnings results. Is TSMC stock a buy?

By Neil Rozenbaum – Jan 18, 2024 at 10:00AM EST

In this video, I will go over Taiwan Semiconductor Manufacturing's (TSM +2.83%) earnings report, which was better than expected and even contained some positive sentiments that should give semiconductor investors more confidence for 2024.

*Stock prices used were from the trading day of Jan. 17, 2024. The video was published on Jan. 18, 2024.

Read Next

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Taiwan Semiconductor Manufacturing Stock Quote
Taiwan Semiconductor Manufacturing
NYSE: TSM
$348.47
(+2.83%)+$9.58

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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