Taiwan Semiconductor Manufacturing Company reported a 39.1% increase in third-quarter profit, hitting a fresh record despite missing estimates.
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Taiwan Semiconductor Manufacturing Company
on Thursday reported a 39.1% increase in third-quarter profit from last year, hitting a fresh record as demand for artificial intelligence chips stayed strong.
Here are the company’s results versus LSEG SmartEstimates:
TSMC’s revenue in the September quarter rose 30.3% from a year ago to NT$989.92 billion, beating estimates.
TSMC reported another quarter of record profit, with the company expecting AI demand to continue to grow.
TSMCy delivered another estimate-beating quarter, with profit up 35% from a year ago as advanced chip orders tied to AI continued…
TSMC is benefiting from sustained demand for advanced semiconductors from its key customers like Apple and Nvidia.
“If someone had told me 10 years ago that I’d meet two presidents in one week...I would have thought they were joking,” CEO C.C.…
Two of the biggest chipmakers, TSMC and ASML, failed to catch major tailwinds from strong earnings. It could be a bellwether for…
TSMC sits at the heart of the global technology supply chain, producing cutting-edge chips for iPhones and Nvidia’s AI offerings.
