TSMC’s Third-Quarter Profit Falls 24.9%, Exceeds Market Expectations
19 Outubro 2023 - 7:27AM
IH Market News
Taiwanese chipmaker TSMC (NYSE:TSM) reported a 24.9% drop in
third-quarter net profit on Thursday as global economic problems
hit demand for chips used in applications ranging from cars to cell
phones and servers, coming off a high base last year.
Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s
largest contract chipmaker and a key supplier to Apple Inc, saw its
July-September net profit fall to 211 billion Taiwan dollars from
280.9 billion Taiwan dollars a year. before.
The profit beat the LSEG SmartEstimate of T$195.5 billion, which
is weighted on analyst forecasts that are more consistently
accurate.
Taiwan Semiconductor Man... (NYSE:TSM)
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