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TSMC CEO Says Profitability Has No Ceiling, Growth Won’t Happen Overnight

C.C. Wei told analysts TSMC’s profitability has no ceiling, while cautioning that a dramatic increase will not happen overnight. His remarks followed another record-breaking quarter.

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Taiwan Semiconductor Manufacturing Co. chief executive C.C. Wei told analysts today that the company’s profitability has no ceiling, while cautioning that a dramatic increase will not happen overnight. He was discussing TSMC’s long-term prospects after another record-breaking quarter.