TSMC Posts Rise In November Revenue

Taiwan Semiconductor Manufacturing Co TSM reported a rise in its revenue in November. TSMC's unconsolidated revenue for the month surged 24% to 43.64 billion New Taiwan dollars (US$1.50 billion), versus NT$35.22 billion, in the year-ago month. Its consolidated revenue climbed 23% to NT$44.25 billion, from NT$35.86 billion. TSMC shares closed at $17.03 on Friday.