TSMC's Third-Quarter Profit Jumps 69% to NT$763.1 Billion
· Technology · Bloomberg, Economic Times, Investing.com
TSMC reported a 69% increase in third-quarter net income to NT$763.1 billion, exceeding expectations after revenue rose 51% to $47 billion. The chipmaker, an exclusive supplier to Nvidia and Apple, benefited from surging demand for its most advanced semiconductors. The results reflect robust sales across the three-month period, driven by high-performance computing orders. Bloomberg's Anthony Stephens reported on the figures.
Why it matters
The profit surge underscores TSMC's central role in the global AI hardware supply chain, directly benefiting major tech buyers like Nvidia and Apple as they ramp advanced chip production.
Read the original report — Bloomberg
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