TSM Stock: TSMC Provides Beat-And-Raise Report for Third Quarter

Taiwan Semiconductor Manufacturing (TSM) on Thursday beat estimates for the third quarter and guided guidance for the current period. But TSM stock fell after the report. The world’s largest contract chipmaker, better known as TSMC, earned $4.60 per U.S. share on revenue of $46.72 billion in the September quarter. Analysts surveyed by FactSet expected TSMC to gain $4.46…