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TSMC October Revenue Jumps 59.7%
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Taiwan Semiconductor Manufacturing Co. reported October revenue of 586.89 billion New Taiwan dollars, or $17.88 billion, representing a 59.7% increase from a year earlier. The chipmaker's third-quarter operating margin reached 58.7%, exceeding its guidance range of 58%. TSMC shares closed 2.24% higher on Tuesday, while Taiwan's exports surged 58.9% in October to $96.76 billion.
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