TSMC posts Q3 revenue of $32.5 billion, above forecasts

Core Insights - TSMC reported third-quarter revenue of T$989.92 billion ($32.48 billion), exceeding market forecasts and reflecting a 30% year-over-year increase driven by strong demand in the semiconductor industry [1] Financial Performance - The revenue of T$989.92 billion ($32.48 billion) for the third quarter surpassed market expectations [1] - The year-over-year growth of 30% indicates robust performance compared to the same period last year [1] Market Context - The surge in revenue is attributed to increasing demand for semiconductors, particularly in the technology sector [1]