TSMC posts Q3 revenue of $32.5 billion, above forecasts
Tweet
Share
E-mail
The logo of Taiwan Semiconductor Manufacturing Company (TSMC) is displayed at its fabrication plant in Kaohsiung, Taiwan, June 7, 2025. REUTERS/Ann Wang
TAIPEI (Reuters) -TSMC, the world's largest contract chipmaker, reported on Thursday third-quarter revenue of T$989.92 billion ($32.48 billion), beating market forecasts, and up 30% on the year ago period on surging interest in artificial intelligence applications.
An LSEG SmartEstimate, drawn from 22 analysts, had predicted third-quarter revenue of T$973.26 billion.
Taiwan Semiconductor Manufacturing Co (TSMC) is a major supplier to companies including Nvidia and Apple.
($1 = 30.4740 Taiwan dollars)
(Reporting by Ben Blanchard and Faith Hung; Editing by Jamie Freed)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ECB's Lane sees inflation returning to target from mid-2027-paper
- Exclusive-Lithuania plans key substation near Russia, fortified against explosive drones
- G7 foreign ministers call on Iran to stop arming Houthis
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
