Feed Explorer
Rate Of ReturnTaiwan Semiconductor Manufacturing Company (TSMC) net profit increased by 50%, countering the narrative that $$ASML(ASML.US)'s semiconductor sector is cooling down!
TSMC Q3 profit rises 54%, better than forecasts
Taiwan Semiconductor Manufacturing Co (TSMC) reported a 54% increase in Q3 net profit, reaching T$ 181.3 billion, surpassing market expectations. The surge is attributed to high demand for semiconductors in AI applications. This profit exceeded the T$ 171.2 billion forecast from analysts, highlighting TSMC's strong position as a leading chip supplier for major companies like Apple and Nvidia.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
