Taiwan's TSMC posts 13.8% rise in Q3 profit on global chip demand surge

Taiwan's TSMC posts 13.8% rise in Q3 profit on global chip demand surge

2 years ago
Anonymous $BH0TGXkyPe

https://www.reuters.com/article/tsmc-results/taiwans-tsmc-posts-13-8-rise-in-q3-profit-on-global-chip-demand-surge-idUSKBN2H40EK

TAIPEI (Reuters) -Taiwan chip giant TSMC posted a 13.8% jump in third quarter profit on Thursday on the back of booming demand for semiconductors to power smartphones and other gadgets during the COVID-19 pandemic amid a supply crunch.