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TSMC October revenue up approximately 60% year-on-year; imports of Taiwanese products surpass Chinese products

The Motley Fool +1 · ·by G4L

TSM Taiwan Semiconductor Manufacturing ADR
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  1. 1According to LPL Financial analysis, monthly US imports of Taiwanese computers and electronics reached approximately 20 billion dollars.
  2. 2TSMC announced that October revenue recorded a 60% increase compared to the same month last year.
  3. 3The TSMC board of directors approved approximately 40.9 billion dollars in new capital expenditures.

So what's the key point?

TSMC's October revenue increased by 60% compared to last year. The company decided to spend 40.9 billion dollars to expand its facilities.

Source The Motley Fool +1 · View original ↗

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