Taiwan Semiconductor Manufacturing Co. (TSMC) reported third-quarter revenue of NT$1.49 trillion, or about $46.71 billion, according to ChainCatcher. The figure was up 50% from a year earlier, set a record high, and came in above market expectations of NT$1.46 trillion. The report said strong demand tied to AI applications drove the increase. The update focused on the company’s quarterly revenue result, the year-on-year growth rate, the comparison with consensus expectations, and the role of AI-related demand in lifting sales during the period.
TSMC reported third-quarter revenue of NT$1.49 trillion, or about $46.71 billion, according to ChainCatcher.
The figure rose 50% from a year earlier, marked a record high, and exceeded market expectations of NT$1.46 trillion. ChainCatcher said strong demand for AI applications helped drive the growth.
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