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TSMC considers Texas investment and records record quarterly net profit for July-September

Associated Press +1 ·

TSM Taiwan Semiconductor Manufacturing ADR
$430.00 -3.40%
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  1. 1TSMC is considering potential investment in the Texas region to expand chip production in the United States.
  2. 2TSMC recorded a net profit of 763.1 billion TWD for the July-September quarter, a 69% increase from the previous year.
  3. 3CEO C.C. Wei said the AI market remains very strong.

So what's the key point?

TSMC is considering building a factory in Texas, USA, and earned 763.1 billion TWD between July and September. The company's profits grew significantly because the artificial intelligence market is very strong.

Source Associated Press +1 · View original ↗

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