TSMC June Sales Surge 20.2% y/y

Taiwan Semiconductor Manufacturing Co Ltd

reported a 20.2% y/y surge in its unconsolidated sales in June. However, TSMC's unconsolidated sales fell 1.7% from May. TSMC's unconsolidated sales came in at T$42.87 billion ($1.43 billion) in June, versus T$35.65 billion in the year-ago period and versus T$43.62 billion in the prior month. Its consolidated sales surged 18.4% y/y to T$43.43 billion. TSMC shares closed at $13.50 yesterday.