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Taiwan Semiconductor Manufacturing Co (NYSE:TSM) Tops Profit Estimates As Chip Shortage Continues

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported better than expected profit even as global car manufacturers and PC suppliers continue to scramble for chips. The chipmaker said that the semiconductors shortage across the consumer electronics and auto-making industry could go on up to 2022, leading to the company lifting its spending and growth targets for 2021. […]