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Taiwan Chipmaker TSMC Revenues Hit Record High In 2020; Stocks Follow

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  taiwan semiconductor production co., the world’s biggest contract chipmaker and a bellwether for the tech enterprise, has suggested document revenue in 2020 based on call for for 5g smartphones, notebooks for teleworking and high-performance computers. https://www.pcmag.com/picks/best-workout-apps consolidated net revenues of the organization founded by means of billionaire morris chang and better called tsmc totaled nt$1,339.26 billion ($47.seventy eight billion), a 25.2% increase over 2019, in step with a declaration launched on friday. a employer spokesperson stated monday the discern marked an all-time high but declined to present a purpose. tsmc’s inventory price has soared more than eighty two% over the last yr, accomplishing a document high of nt$584.00 on monday. tsmc is the most closely weighted inventory on the taiwan stock alternate. https://www.linkedin.com/company/linkedin/life “i suppose in 2020, tsmc benefited from the demand generated from 5g smartphones and excessive