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TSMC record profit jumps 69% as it plans another 3nm fab in Tainan — Blankdot

thenextweb.com2 weeks ago

TSMC record profit jumps 69% as it plans another 3nm fab in Tainan

TSMC record profit jumps 69% as it plans another 3nm fab in Tainan

TSMC made a record net profit of NT$763.1bn ($23.59bn) in the third quarter, up 69% on a year earlier. That beat the NT$746.3bn LSEG SmartEstimate, Reuters reported. Revenue rose 51% to NT$1.49tn, or 41.2% to $46.72bn in US dollar terms, according to TSMC’s results. Its operating margin was 58.7%.…

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