Taiwan Semiconductor April sales rise 60% y-o-y: should you buy the stock?

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is riding high on the waves of success, with its April 2024 sales figures painting a picture of robust growth. The company’s revenue surged by an impressive 59.6% compared to the previous year, reaching NT$236.02 billion. This remarkable performance is fueled by TSM’s position as a key supplier for tech giants like Apple, Nvidia, and AMD.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Despi ...