(Bloomberg Opinion) — The story of Taiwan Semiconductor Manufacturing Co.’s industry dominance steamed ahead unabated Thursday, with record earnings on the back of booming demand for chips used in smartphones and servers. Yet one figure highlights just how much power the company now has as rivals fall by the wayside.Net income climbed 36% to $4.8 billion, higher than even the most bullish of estimates, while the made-to-order chipmaker raised its full-year revenue outlook to growth of more than 30%, in U.S. dollar terms. There’s another figure worth examining. Average price per wafer isn’t a closely followed metric in the foundry …read more
Source:: Yahoo Finance
