Taiwan semiconductor TSMC sees US$10b in net profit as AI tech grows; to open four overseas plants in US and Japan

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TAIPEI Oct 17 — Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter...

China held a day of large-scale war games around Taiwan on Monday that included a blockade exercise that experts have warned would be devastating for the island’s economy.

TSMC is at the forefront of a generative AI revolution, churning out the world’s most advanced microchips needed to power products made by Silicon Valley.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaJapanTaiwanUnited States

Topics: AI tech Chip masker TSMC

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 17:36:22 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 544 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 23103108

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About Malay Mail

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Official Website: malaymail.com

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Year Established: 1896

Headquarters: Malaysia

News Last Updated: 6 hours ago

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