Taiwan Semiconductor Up More Than 4% After Added To Conviction Buy (TSM)

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) shares are sharply higher today, gaining more than 4% after the company was added to Goldman Sachs Conviction Buy List this morning.

At last check, shares were up 56 cents to $13.12, a gain of 4.46% on 17 million shares. The average daily volume is 13 million shares.

Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided designing, manufacturing, packaging, testing, and selling integrated circuits and other semiconductor devices; and manufacturing masks.