TSMC’s Third-Quarter Profit Beats Expectations

TSMC reported a better-than-expected profit for the third quarter as net income rose 69% to NT$763.1 billion ($23.6 billion). That came after the exclusive chipmaker of Nvidia and Apple’s most advanced semiconductors reported a sales jump of 51% in the period, taking its revenue across the three months to $47 billion. Bloomberg's Anthony Stephens reports. (Source: Bloomberg)

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