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TSMC Earnings: Profit Beats Estimates Amid AI Chip Boom

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October 17, 2024

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TSMC posted a better-than-projected 54% rise in quarterly earnings. The company reported September-quarter net profit of NT$325.3 billion ($10.1 billion), versus an average estimate for NT$299.3 billion. TSMC is the main chipmaker to Nvidia and Apple. Bloomberg's Annabelle Droulers reports.

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TSMC Earnings: Profit Beats Estimates Amid AI Chip Boom · Bloomberg Television · Sentinel