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Core AI Growth Supply Chain: Strong Results from ASML and TSMC

The Motley Fool +1 · ·by G4L

TSM Taiwan Semiconductor Manufacturing ADR
$388.62 +3.51%
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  1. 1ASML recorded 11.7 billion euro in revenue for the third quarter.
  2. 2TSMC's third-quarter net profit surged 68.7%.
  3. 3CEO Christophe Fouquet said customers are already showing interest in equipment orders for 2029 and 2030.

So what's the key point?

ASML and TSMC achieved very strong results in the third quarter. This means the situation for these companies has improved to the point where customers are considering equipment orders for the distant future.

Source The Motley Fool +1 · View original ↗

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