financetom
Business
financetom
/
Business
/
TSMC Q3 profit jumps 39.1% to record, beats expectations
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TSMC Q3 profit jumps 39.1% to record, beats expectations
Oct 15, 2025 10:49 PM

TAIPEI, Oct 16 (Reuters) - TSMC, the world's largest

contract chipmaker, posted a 39.1% jump in third-quarter net

profit on Thursday, beating market forecasts and hitting a

record as it benefited from surging demand for semiconductors

used in artificial intelligence applications.

Taiwan Semiconductor Manufacturing Co ( TSM ) ,

whose customers include Nvidia ( NVDA ) and Apple ( AAPL ), saw

July-September net profit rise to T$452.3 billion ($14.76

billion).

The profit handily beat a T$417.7 billion LSEG

SmartEstimate, which is weighted toward forecasts from analysts

who are more consistently accurate.

($1 = 30.6390 Taiwan dollars)

(Reporting by Wen-Yee Lee, Faith Hung and Ben Blanchard;

Editing by Muralikumar Anantharaman)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Tech
Sector Update: Tech
Apr 25, 2024
03:32 PM EDT, 04/25/2024 (MT Newswires) -- Tech stocks were mixed late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.1% and the SPDR S&P Semiconductor ETF (XSD) jumping 2.8%. The Philadelphia Semiconductor index gained 2.5%. In corporate news, Rubrik's ( RBRK ) shares surged 19% in their debut on the New York Stock Exchange after the...
Warner Bros Discovery to launch data platform for better ad-targeting
Warner Bros Discovery to launch data platform for better ad-targeting
Apr 25, 2024
April 25 (Reuters) - Warner Bros Discovery ( WBD ) is launching a data platform that would help advertisers better reach their target audience across both cable and digital channels, it said on Thursday. The Olli platform will help advertisers target particular demographics with a new service called data-driven video, as clients look to maximize reach and deepen engagement. The...
-- Kraken Robotics Brief: Announcing $17.5 Million Bought Deal Public Offering
-- Kraken Robotics Brief: Announcing $17.5 Million Bought Deal Public Offering
Apr 25, 2024
03:45 PM EDT, 04/25/2024 (MT Newswires) -- Price: 1.03, Change: -0.01, Percent Change: -0.96 ...
Vanguard Announces Cash Distributions For The Vanguard ETFs
Vanguard Announces Cash Distributions For The Vanguard ETFs
Apr 25, 2024
03:53 PM EDT, 04/25/2024 (MT Newswires) -- Vanguard Investments Canada Thursday announced the final April 2024 cash distributions for certain Vanguard ETFs that trade on Toronto Stock Exchange (TSX). Unitholders of record on May 02, 2024 will receive cash distributions payable on May 09, 2024. Those ETF distributions per unit include: (VAB) C$0.068312; (VSB) C$0.054814; (VSC) C$0.075609; (VLB) C$0.075210; (VCB)...
Copyright 2023-2026 - www.financetom.com All Rights Reserved