TSM Stock: Taiwan Semiconductor Nears Buy Point

Taiwan Semiconductor Manufacturing (TSM), the world’s top contract chipmaker, on Wednesday posted an upbeat sales report for the month of November. TSM stock edged higher on the news. The company, better known as TSMC, said its sales last month rose 24.5% year over year in local currency to the equivalent of $11.06 billion. However, its sales dipped 6.5% from October.…