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TSMC Q3 Profit Soars 39%, Projects Strong AI-Fueled Growth Ahead

TSMC Q3 Profit Soars 39%, Projects Strong AI-Fueled Growth Ahead
TSMC posted a 39.1% jump in Q3 net profit, marking its sixth straight quarter of double-digit gains. It now expects Q4 revenue to rise up to 24%, buoyed by rising demand for AI chips. The company reaffirmed its $42 billion capital expenditure for 2025, while cautioning about risks from U.S. trade tariffs and currency shifts.
Read full story at Economic Times

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