HSINCHU, Taiwan (AP) _ Taiwan Semiconductor Manufacturing Co. (TSM) on Thursday reported second-quarter profit of $2.15 billion.
On a per-share basis, the Hsinchu, Taiwan-based company said it had net income of 41 cents.
The chip company posted revenue of $7.75 billion in the period.
TSMC shares have risen 13% since the beginning of the year. The stock has increased slightly more than 9% in the last 12 months.
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
Automated Insights, source Associated Press News