Taiwan Semiconductor rises even as company reports December revenue slowdown
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Taiwan Semiconductor (NYSE:TSM) shares rose fractionally in early trading on Tuesday as the global foundry giant said December revenue fell 13.5% month-over-month.
Net revenue for December was NT$192.56B, or $6.32B, down 13.5% from November, but up 23.9% year-over-year. The firm also noted that revenue from January through December came in at NT$2,263.89B, up 42.6% year-over-year.

Taiwan Semiconductor (TSM) makes chips for some of the world's largest technology firms, including Apple (AAPL), AMD (AMD), Nvidia (NVDA) and others.
The company is scheduled to report complete fourth-quarter results on January 12.
Last month, Taiwan Semiconductor (TSM) started production of its 3 nanometer chips, with the company's Chairman adding demand is "very strong."