TSMC Stocks Climb 3.37% After Record NT$586.9 Billion October Revenue

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This article first appeared on GuruFocus. Taiwan Semiconductor Manufacturing (NYSE:TSM) ADRs climbed 3.37% to $409.85 at 9:45 a.m. ET on Wednesday, November 11, in regular U.S. trading, after the foundry reported record October revenue of NT$586.89 billion. The figure rose 14.7% from September and 59.7% from a year earlier. Revenue for January through October reached NT$4,485.62 billion, up 43.3% year over year. Anthropic's amended IPO filing also lists TSMC Partners, Ltd. for about $500 million of its concurrent placement, or 6,756,756 shares at the $74 midpoint. Investing.com noted a broad premarket chip rally led by NVIDIA, Micron and Broadcom after CoreWeave's results. Warning! GuruFocus has detected 3 Warning Sign with AVGO.