Faster global financial news!
TSMC's Q3 Profit Hits Record High, Up 68.7% YoY, Surpassing Expectations for Sixth Consecutive Quarter, Driven by AI Chip Demand
TSMC reported record-high net profit in the third quarter on Thursday, up 68.7% year-on-year, beating market expectations for the sixth consecutive quarter, mainly driven by strong global demand for AI chips. The company's September revenue reached NT$511.86 billion, a 54.6% increase year-on-year.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Hex founder Richard Heart arrested in Istanbul on Interpol Red Notice.
-
2
Morocco's phosphate giant OCP SA seeks foreign investors as war-induced supply disruptions hit profits
-
3
China's A-share gaming sector surged on October 14, with FunPlus hitting a 20% daily limit. This was driven by an elevated policy positioning, stabilizing game license approvals, and the accelerating implementation of AI-driven cost reductions.
-
4
JPMorgan and Other Major Banks Cut Off MAGA Sellers and Democrat Groups
-
5
GlobalFoundries plans two new chip fabs with up to $21 billion funding
-
6
AI app ArtCraft launches free alternatives to Adobe and Microsoft software, challenging Big Tech's economic model
-
7
L2 Capital to Tokenize $500M Pre-IPO AI Shares with Newton
-
8
AI infrastructure companies Corweave fell 14.9% and Nebius fell 9.7%, making them the biggest decliners in the Nasdaq 100 index.
-
9
The DXY is up 0.7% intraday, currently at 102.898.
-
10
The S&P 500 Banks Index fell to its lowest level in over four months, down 1.3% on the day.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
