TSMC achieves record profits for 6 consecutive quarters and forecasts AI market growth
MU Micron Technology Inc
$878.84 -5.63%
View chart & analysis → - 1TSMC reported record profits for the 6th consecutive quarter last week.
- 2TSMC's Q4 revenue guidance ranges from $52.3 billion to $54.3 billion.
- 3CEO C.C. Wei emphasized that recent developments are very positive for the long-term AI demand outlook.
So what's the key point?
TSMC has achieved record profits for 6 consecutive quarters. The company expects the AI market to continue growing and anticipates further stock increases.
Source The Motley Fool +1 · View original ↗
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