TSM Stock: TSMC Exceeds September Sales Target

Taiwan Semiconductor Manufacturing (TSM) on Thursday comfortably beat sales estimates for September and the entire third quarter. But TSM stock fell after the report. The world’s top contract chipmaker, better known as TSMC, generated revenue of NT$511.86 billion ($16.13 billion) last month and NTD1.49 trillion ($46.72 billion) in the third quarter. Analysts surveyed by FactSet had…