BUZZ-TSMC rises after 60% jump in quarterly profit

Reuters
07-17
BUZZ-TSMC rises after 60% jump in quarterly profit

** U.S. listed shares of TSMC TSM.N rise nearly 4.5% to $247.91 in premarket trading

** Co's net profit for April-June beat market estimates, according to LSEG SmartEstimate drawn from 20 analysts

** For Q3, co forecasts q/q revenue to grow to $31.8-$33 billion

** YTD, TSM up nearly 20% YTD vs S&P 500 .SPX index's 6.5% rise, as of last close

($1 = 29.4390 Taiwan dollars)

(Reporting by Joel Jose in Bengaluru)

((joeljose@thomsonreuters.com;))

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