TSMC Q3 Net Profit Jumps 69% to Record T$763.1 Billion
Taiwan Semiconductor Manufacturing Co. reported third-quarter net profit of T$763.1 billion, up 69% and above analysts’ T$746.3 billion forecast. The company cautioned that the cycle would not last indefinitely.
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12:31:36 PM UTC
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Taiwan Semiconductor Manufacturing NYSE:TSM, the world's largest contract chipmaker, reported third-quarter net income of NT$763.06 billion, up 68.7%, or NT$29.43 a share ($4.60 per ADR), on revenue of NT$1.49 trillion, up 50.9%. Both topped LSEG SmartEstimates of NT$746.34 billion and NT$1.47 tril…
Taiwan Semiconductor Manufacturing Co. (TSM, Financials), the world's largest contract chipmaker, posted another record quarter and then cautioned investors that the cycle won't go forever.Net profit for the third quarter surged 69% to T$763.1 billion, above analysts' forecast of T$746.3 billion. I…