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TSMC Announces Key February 2024 Financials
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TSMC Announces Key February 2024 Financials

Taiwan Semiconductor Manufacturing (TSM) has released an update.

Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) has reported its February 2024 financial activities, highlighting modest changes in shareholdings among its key executives and directors, as well as substantial capital investments. TSMC has allocated a significant $6.3 billion for machinery equipment for advanced technology capacity, alongside $0.9 billion and $2.2 billion for packaging and real estate assets respectively. The report also details a fixed-income investment acquisition of NT$23.1 billion and an equity investment disposition of NT$3.2 billion, reflecting the company’s strategic financial maneuvers.

For further insights into TSM stock, check out TipRanks’ Stock Analysis page.

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