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TSMC Q3 Net profit may rise 65%, marking a consecutive 6 quarterly record in sight

Beating AI news flash: TSMC's third-quarter net profit is expected to reach 746300000000 New Taiwan dollars, equivalent to approximately 23400000000 USD, up 65%year on year. This is LSEG compiled from 16 analysts' forecasts. If realized, TSMC will set a new quarterly net profit record for the 6 consecutive quarter. The formal report will be released on October 15 Third-quarter revenue has already set a record. According to TSMC's published monthly data, revenue from 7 to September totaled approximately 1490000000000 New Taiwan dollars, up 50.9%year on year, equivalent to approximately 46700000000 USD. This figure exceeded the upper end of the company's previous 45800000000 USD forecast. Analysts believe that demand for AI chip manufacturing and CoWoS advanced packaging remains strong.

Original link https://m.theblockbeats.info/flash/371336