Reported 7 months ago
TSMC staged its 15th instant fill act with the stock price after ex-dividend surging to 929 Yuan. The company's stock reached a historical high with a rise of 23 Yuan at the market opening to 929 Yuan. TAIEX also surged over 300 points in early trading to hit a record high of 22,375.07 points. TSMC, benefiting from robust AI demand, achieved a May revenue of 229.62 billion New Taiwan dollars, a 30.1% annual increase, marking the third-highest monthly revenue in its history. The company's Q2 revenue is estimated to be between $19.6-20.4 billion, and TSMC announced a buyback of 3,249 shares within the price range of 598-1,281 Yuan. Various dividend adjustments and upcoming payouts were also detailed.
Source: YAHOO