AITechNode9 months ago
TSMC Q3 Net Profit Surges 39% to Record High
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TSMC reported a 39.1% year-on-year increase in third-quarter net profit to NT$452.3 billion ($14.76 billion), its highest on record. The result beat analyst expectations of NT$417.7 billion. Demand for AI chips from clients including Nvidia and Apple drove the growth, offsetting weakness in consumer electronics.
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