Chip foundry Taiwan Semiconductor Manufacturing (TSM) on Friday posted solid monthly sales to close out the second quarter. TSM stock rose after the report.

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The company, known as TSMC, reported June figures in New Taiwan dollars, or NT. Sales were NT$175.9 billion, roughly equal to $5.95 billion in U.S.

TSM Stock: Taiwan Semiconductor Beats June-Quarter Sales Target comes via ChinaTechNews.com.