tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TSMC Announces Key February 2024 Financials

TSMC Announces Key February 2024 Financials

Taiwan Semiconductor Manufacturing (TSM) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1