TSMC Reports Q3 Revenue Boost Driven by AI Demand

Reported about 4 hours ago

TSMC, the leading contract chipmaker, announced a remarkable 30% year-on-year revenue increase for Q3, reaching T$989.92 billion ($32.47 billion), significantly surpassing market expectations. This surge in revenue is attributed to the rising demand for semiconductors spurred by interest in artificial intelligence applications. The company's earnings report for the quarter will be released on October 16.

Source: YAHOO

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