TSMC, the world’s largest contract chipmaker, posted a stronger-than-expected Q3 profit of T$325.26 billion ($10.1 billion), surpassing Reuters' estimate. Revenue reached T$759.69 billion, a 39% YoY increase, largely driven by demand for AI and its advanced 3-nanometer chips, which contributed 20% of wafer sales. TSMC expects Q4 revenue between $26.1-$26.9 billion, with an annual growth of around 30%. While the digital consumer electronics sector saw a 19% revenue drop, strong AI demand and its high-performance computing unit offset the decline. Major clients include #Apple and #Nvidia.
#KVB# #FlashNews# #BrokerNews# #Profitshow# #technology#
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