09:19 AM EST, 11/08/2024 (MT Newswires) -- Taiwan Semiconductor Manufacturing ( TSM ) said Friday that its net revenue for October rose to 314.24 billion New Taiwan dollars ($9.77 billion), 29.2% higher than NT$243.20 billion a year earlier.

Revenue for the month was also 24.8% higher than the NT$251.87 billion in September, the company said.

The company also reported revenue for the first 10 months through October of NT$2.340 trillion, 31.5% higher than NT$1.779 trillion during the same period the previous year.

Shares of Taiwan Semiconductor Manufacturing ( TSM ) were up 1.2% in recent premarket activity.

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