TSMC growth accelerates with $46.7 billion in Q3 revenue
TSM Taiwan Semiconductor Manufacturing ADR
$425.08 +1.16%
View chart & analysis → - 1TSMC revenue for the third quarter reached $46.7 billion, a 41% increase year-over-year.
- 2TSMC net profit margin for the last quarter was 51.1%, up from 45.7% in the same period last year.
- 3TSMC plans to raise advanced process node prices by between 5% and 10% next year.
So what's the key point?
TSMC's revenue in the third quarter grew by 41% compared to last year. The company plans to raise technology costs next year, which could lead to higher profits.
Source The Motley Fool +1 · View original ↗
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