Taiwan Semiconductor Stock Bullish By 12% So Far On Thursday

(VIANEWS) – Shares of Taiwan Semiconductor (NYSE: TSM) rose by a staggering 12.17% to $101.10 at 11:49 EST on Thursday, after five consecutive sessions in a row of losses. NYSE is dropping 0.38% to $14,966.51, after four consecutive sessions in a row of losses. This seems, so far, a somewhat down trend trading session today.

Taiwan Semiconductor’s last close was $90.13, 8.95% under its 52-week high of $98.99.

About Taiwan Semiconductor

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors. The company also offers customer support and engineering services, as well as manufactures masks. Its products are used in high performance computing, smartphone, Internet of things, automotive, and digital consumer electronics. The company was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.

Earnings Per Share

As for profitability, Taiwan Semiconductor has a trailing twelve months EPS of $6.26.

PE Ratio

Taiwan Semiconductor has a trailing twelve months price to earnings ratio of 16.15. Meaning, the purchaser of the share is investing $16.15 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 37.71%.

More news about Taiwan Semiconductor (TSM).

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