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.
Software giant Microsoft Corp. (NASDAQ: MSFT) on Tuesday reported higher revenues and earnings for the second quarter of 2022. The results also topped expectations. At $51.7 billion, second-quarter revenues were
When online platforms thrived on the unusually strong traffic growth during the shutdown, as home-bound people turned to video-streaming and gaming sites, there was speculation that the trend might reverse
Production disruption and logistics issues continue to have a crippling effect on the industrial sector but the performance of companies, in general, has been mixed so far. Fastenal Company (NASDAQ: