Taiwan Semiconductor (NYSE:TSM) reported quarterly earnings of $3.14 per share which beat the analyst consensus estimate of $2.79 by 12.54 percent. This is a 40.18 percent increase over earnings of $2.24 per share from the same period last year. The company reported quarterly sales of $33.730 billion which beat the analyst consensus estimate of $33.270 billion by 1.38 percent. This is a 25.46 percent increase over sales of $26.884 billion the same period last year.