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Why Taiwan Semiconductor Stock Was Climbing Today

TheMotleyFool

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Why Taiwan Semiconductor Stock Was Climbing Today: https://g.foolcdn.com/editorial/images/716321/tweezers-with-computer-chip.jpg

Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM), the world's largest semiconductor foundry, were moving higher today after the company (also known as TSMC) beat bottom-line estimates in its fourth-quarter earnings report in a difficult environment for the chip sector.

As of 10:57 a.m. ET on Thursday, the stock was up 6.6%.

Image source: Getty Images.

Source Fool.com

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