TSMC (Taiwan Semiconductor Manufacturing Company), which produces chips for giant technology companies such as Apple, Nvidia, AMD and Intel, shared its earnings report for the third quarter of the year. Accordingly, the company exceeded expectations. Here is TSMC revenue…
TSMC announced its revenue
In recent years, technology companies have been working hard to integrate artificial intelligence into their products. TSMC also got its share of this. The world’s largest chipmaker has achieved serious success as a result of increasing demands with artificial intelligence.
According to the information shared, TSMC generated $23.62 billion in revenue between July and September, the third quarter of the year. According to 23 analysts, the average estimate was 23.33 billion dollars. The company’s expectation was between $ 22.4 billion and $ 23.2 billion. Accordingly, the company surprised everyone.
The 2024 Nobel Prize in Physics has been awarded to Geoffrey Hinton and John Hopfield, two of the great founders of artificial intelligence.
In the same period last year, the company generated revenues of 17.3 billion dollars. Accordingly, we can say that there is a growth of 36.5 percent.
On October 17, the chipmaker will share detailed information about the third quarter and announce its financial results. It will also reveal its expectations and forecasts for the next quarter. In recent years, the developing products and increasing demand from technology giants such as Apple have significantly increased the need for high-performance and custom-designed chips.
