TSMC: Q4 Earnings Snapshot

HSINCHU, Taiwan (AP) _ Taiwan Semiconductor Manufacturing Co. (TSM) on Thursday reported fourth-quarter earnings of $9.43 billion.

On a per-share basis, the company said it had net income of $1.82.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.80 per share.

The chip company posted revenue of $19.93 billion in the period.

For the year, the company reported profit of $34.07 billion, or $6.57 per share. Revenue was reported as $75.88 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSM at https://www.zacks.com/ap/TSM