TSMC Q3 Profit Surges 40%
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TSMCReuters
•TSMC third-quarter profit seen jumping 40% on strong AI chip demand
81% Informative
Taiwan Semiconductor Manufacturing Co is the main producer of advanced chips used in artificial intelligence applications.
The world's largest contract chipmaker, whose customers include Apple and Nvidia , has benefited from the surge towards AI .
TSMC is spending billions building new factories overseas, including $65 billion on three plants in Arizona .
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