Taipei, Jan 16, 2025 (AFP) - Taiwan's TSMC says net profit rose 57% in fourth quarter

NAMPA / AFP

2025-01-16

Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology. Taiwan Semiconductor Manufacturing Company said net profit for the three months to December hit NT$374.7 billion (US$11.4 billion), up 57 percent year-on-year. amj/dan ...

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