News

TSMC’s third-quarter profit rose 54%, better than Reuters forecast

Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n Ar3n

TSMC’s third-quarter profit rose 54%, better than Reuters forecast

TAIPEI (Reuters) – Taiwanese chipmaker TSMC reported a 54% rise in third-quarter net profit on Thursday, beating market expectations as it continues to benefit from rising demand for semiconductors used in artificial intelligence applications.

Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker and a major supplier of Apple (NASDAQ:) and Nvidia (NASDAQ:), reported an increase in net profit in the July-September period to T$325.3 billion (10 .11 billion USD) out of T$211 billion per year. a year earlier.

©Reuters. FILE PHOTO: People visit the TSMC Innovation Museum in Hsinchu, Taiwan, May 29, 2024. REUTERS/Ann Wang/file photo

Profit exceeded the T$300.2 billion LSEG SmartEstimate, which is factored into forecasts by analysts that are more consistently accurate.

($1 = NT$32.1700)



Source

Leave a Comment

s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3. s3.