Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) reported a 91% jump in earnings for the first quarter of 2020 driven by higher revenue. The smartphone and high-performance computing platforms continued to be the major contributor to top-line growth. By technology, the primary contributor to the top-line growth came from the 7-nanometer.
During the quarter, the company’s board approved NT$2.5 cash dividend for the fourth quarter of 2019 and sets June 18 as the ex-dividend date, June 24 as the record date and July 16, 2020, as the distribution date. The board also approved the convening of the 2020 AGM on June 9 and approved the issuance of no more than NT$60 billion in unsecured corporate bonds.
Seagate Technology plc (NASDAQ: STX), a leading provider of data storage solutions, Thursday said its earnings declined in the first quarter of 2021, owing to a 10% fall in revenues.
Intel Corporation (NASDAQ: INTC) reported third quarter 2020 earnings results today. Revenue fell 4% year-over-year to $18.3 billion. GAAP net income decreased 29% to $4.3 billion while EPS dropped 25%
AT&T Inc. (NYSE: T) today reported its third quarter financial results for the period ended September 30, 2020. Net income for the third quarter was $2.8 billion, or $0.39 per