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TSMC reports September quarterly earnings exceeding expectations

Bloomberg ·

AAPL Apple Inc
$342.96 +0.50%
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  1. 1TSMC's net profit of 763.1 billion TWD increased 69%, exceeding expectations.
  2. 2TSMC's revenue of 47 billion USD surged 51% over the three-month period.
  3. 3TSMC's capital expenditure forecast of 64 billion USD for this year is at a record level.

So what's the key point?

TSMC earned much more money than experts expected. Revenue and profit grew significantly, indicating the company is performing very well.

Source Bloomberg · View original ↗

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