TSMC (2330 TT) January (TWD) rev. rose 37% Y/Y to 401.3bln (prev. 335.0bln M/M)
TSMC's January revenue growth of 37% year-over-year indicates strong demand in its semiconductor business, likely reflecting ongoing expansion and capacity utilization.
Japanese Machine Tool Orders YY (Jan P) 25.3% (Prev. 10.9%)
BoJ is to submit nominee to replace board member Noguchi on February 25th
TSMC (2330 TT) January (TWD) rev. rose 37% Y/Y to 401.3bln (prev. 335.0bln M/M)
Sumitomo Heavy (6302 JT) FY (JPY) net 30.9bln (prev. 7.7bln Y/Y), rev. 1.07tln (prev. 1.07tln Y/Y), to conduct JPY 10bln share buyback, cut about 500 employees through voluntary retiree incentive program and will sell Shin Nippon Machinery for JPY 14.9bln
CSL (CSL AT) CEO Paul McKenzie retires with immediate effect, while Gordon Naylor was named interim CEO
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This impressive figure, rising from the previous month's revenue, may bolster confidence in the sector and could have positive implications for related equities, particularly those dependent on chip supply.
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