logo
welcome
Insider

Insider

Chip giant TSMC reports blockbuster results even as questions over AI mania loom

Insider
Summary
Nutrition label

86% Informative

Taiwan Semiconductor Manufacturing Company reported a 54% rise in Q3 net profit to a record 325.3 billion New Taiwan dollars .

The chipmaker's third-quarter revenue rose 36% to $23.5 billion , which also beat its previous forecast.

CEO: "We cannot be the only one company that has benefited from AI applications" Dutch chipmaker ASML reported guidance on Tuesday that disappointed investors.