UPDATE: Credit Suisse Upgrades Taiwan Semiconductor Manufacturing to Outperform
Posted on December 07, 2012 at 07:27 AM EST
Credit Suisse raised its rating on Taiwan Semiconductor Manufacturing (NYSE: TSM ) from Neutral to Outperform. Credit Suisse said, "Momentum continues in 2013. We believe 2013 is promising due to (1) earlier pull-in of high-end processors, (2) second wave of 28nm multi-core for China smartphones/tablets, and