TSMC Profit Highest in 2 Years as High-tech Chip Sales Boom

TAIPEI: Taiwanese chipmaker TSMC posted an 80% surge in third-quarter net profit on Thursday, its strongest growth in two years, boosted by strong sales of its advanced chips used in data centres and electric cars. TSMC’s business has swelled thanks to a global chip shortage that was sparked by pandemic-fuelled sales of smartphones and laptops. […]

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