Taiwan Semi crushes expectations and keeps Wall Street upbeat with guidance
TSMC Q3 2024 Earnings Report
(1) What happened?
Strong Revenue Growth
TSMC reported a significant increase in net revenue for the third quarter of 2024, rising by 36.0% year-over-year to $23.5 billion, exceeding expectations by $210 million.
This growth is primarily driven by sustained demand for advanced semiconductor technologies, particularly in the High Performance Computing (HPC)…
