17 October 2024

TSMC reports Q3 revenue up 39% YoY to ~$23.6B and net income up 54.2% YoY to ~$10.1B, both above estimates, boosted by strong sales of Nvidia AI chips (Jane Lanhee Lee/Bloomberg)

Jane Lanhee Lee / Bloomberg:
TSMC reports Q3 revenue up 39% YoY to ~$23.6B and net income up 54.2% YoY to ~$10.1B, both above estimates, boosted by strong sales of Nvidia AI chips  —  - The chipmaker reported a 54% rise in quarterly net income  — ADRs climb on Robinhood's overnight trading platform

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