ChipsCNBC Techabout 3 hours ago
TSMC Posts Record Profit on AI Boom
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Taiwan Semiconductor Manufacturing Co. reported a record third-quarter profit of NT$763.1 billion, beating estimates by NT$16.76 billion. This marks a 68.7% surge from a year earlier, driven by global demand for AI chips. The company plans a $265 billion investment in Arizona and is evaluating expansion into Texas.
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