Is Taiwan Semiconductor a Buy After This Great Earnings Report?

Independent third-party microchip maker Taiwan Semiconductor Manufacturing (NYSE: TSM) reported third-quarter earnings on Thursday, Oct. 15. The company, commonly known as TSMC, crushed Wall Street's expectations across the board and set up rosy guidance targets for the next period. The report underscored several healthy trends in the semiconductor industry at large and supported TSMC's strong returns in 2020. Let's take a closer look.

Metric

Q3 2020

Continue reading

Source Fool.com