In this video, I will go over Taiwan Semiconductor Manufacturing‘s (TSM -0.23%) fourth-quarter earnings report. The company beat on earnings but missed revenue estimates due to weak demand, which it expects to continue this year. But the underlying business is as strong as ever.
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*Stock prices used were from the trading day of Jan. 13, 2023. The video was published on Jan. 15, 2023.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.