Taiwan Semiconductor Marches Higher On August Sales Report

BREAKING: Stock Market Hits Record High With Fed Rate Cut Locked In Taiwan Semiconductor Manufacturing (TSM) stock surged to a record high on Wednesday after the chipmaker reported strong sales growth in August. Early Wednesday, the world's leading chip foundry said its sales last month rose 3.9% in local currency from July and 33.8% from August last year. Year to date through August, Taiwan Semiconductor's sales are up 37.1% year over year, the company said in a news release. Taiwan Semiconductor, better k ...