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TMSC saw their quarterly profits plunge the highest since 2019. However, the company says that the the PC and smartphone market concerns are abating and chip demand is rising again. On Thursday, October 19, the Taiwan Semiconductor Manufacturing Company (TSMC) reported its Q3 2023 numbers with profit standing at 211
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During Q4 2022, TSMC reported 52% in its operating margin, gross margin was 62.2%, and net profit margin was 47.3%.Taiwan Semiconductor Manufacturing Company (TSMC) has posted another quarterly record and a 78% surge in net profit during 2022 Q4. The company saw exponential growth in its net profit due to
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As the world’s largest chip manufacturer, TSMC was positioned to bear the brunt of the slowing demands in general.Taiwanese multinational chip manufacturing giant Taiwan Semiconductor Mfg. Co. Ltd (NYSE: TSM) has reported an impressive sales record for the 2022 financial year. According to the recent release by the company, its
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In addition to its Germany plant, TSMC also plans to set up another plant in JapanTaiwanese semiconductor manufacturing company TSMC is reportedly discussing with key suppliers over building its first chip plant in Germany. Specifically, TSMC is planning to build the first European plant in the German city of Dresden.
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The company, which was burned during the last major bear market, did not mention crypto mining in its last earnings report; bitcoin loses its gains from the previous day. Original Source
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