International Companies

TSMC beats own estimates with Q3 sales

By Benjamin Chiou

Date: Wednesday 09 Oct 2024

(Sharecast News) - Third-quarter results from TSMC comfortably beat market forecasts on Wednesday as the contract chipmaking giant grew September revenues by nearly 40% year-on-year, helped by the relentless demand for its chips in AI use cases.
The company, officially known as Taiwan Semiconductor Manufacturing Co, reported net revenues of T$251.9bn...

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