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2330-TW

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Taiwan Semiconductor Manufacturing Company on Thursday reported a 39.1% increase in third-quarter profit from last year, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong.

Here are the company's results versus LSEG SmartEstimates:

Revenue: NT$989.92 billion new Taiwan dollars, vs. NT$977.46 billion expected

Net income: NT$452.3 billion, vs. NT$417.69 billion

TSMC's revenue in the September quarter rose 30.3% from a year ago to NT$989.92 billion, also beating estimates. Net income increased 13.7% from last quarter, which had marked a record high at the time.

As Asia's largest technology company by market capitalization, TSMC has benefited from the ar

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