10.11.2026, 13:20
Asia's most expensive company has achieved a sharp jump in revenue
Source: OREANDA-NEWS
OREANDA-NEWS In October, revenue of Taiwan Semiconductor Manufacturing Co (TSMC) amounted to 586.89 billion new Taiwan dollars (17.88 billion US dollars). This was reported by CNBC.
The achieved result was 59.7 percent more than a year earlier and 14.7 percent higher than in September. It is noted that the tech giant has benefited from high demand for advanced semiconductors, as large technology companies continue to actively invest in artificial intelligence.
Last month, TSMC reported a record net profit for the third quarter of 763.1 billion Taiwan dollars (more than 23 billion US dollars).
In October, it was reported that TSMC, considered the most expensive company in Asia, has achieved record profits for the sixth consecutive quarter. Net profit for the period from July to September amounted to 763.1 billion Taiwan dollars (23.59 billion US dollars). This is almost 70 percent more than a year earlier.
The achieved result was 59.7 percent more than a year earlier and 14.7 percent higher than in September. It is noted that the tech giant has benefited from high demand for advanced semiconductors, as large technology companies continue to actively invest in artificial intelligence.
Last month, TSMC reported a record net profit for the third quarter of 763.1 billion Taiwan dollars (more than 23 billion US dollars).
In October, it was reported that TSMC, considered the most expensive company in Asia, has achieved record profits for the sixth consecutive quarter. Net profit for the period from July to September amounted to 763.1 billion Taiwan dollars (23.59 billion US dollars). This is almost 70 percent more than a year earlier.
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