TSMC's third-quarter revenue surges 50% y/y, beating market forecast

TSMC, the world's largest contract chipmaker, reported on Thursday record third-quarter revenue of T$1.49 trillion ($46.71 billion), beating the market forecast and up 50% on the year-earlier period due to surging demand for AI applications.An LSEG SmartEstimate, drawn from 19 analysts, was T$1.46…