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  • 9 months ago
Taiwanese chip giant TSMC has reported strong fourth-quarter revenue on rising demand from artificial intelligence. Reuters says the company earned over US$26 billion, beating analyst forecasts.

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00:00TSMC has comfortably beaten market forecast for its fourth quarter revenue.
00:05The chip giant posted just over 26 billion U.S. dollars in revenue from October through
00:10December.
00:11It comes days after the company's stock price hit a record high of 35 U.S. dollars a share
00:16on Taiwan's benchmark index, the TAIX.
00:19A key supplier for NVIDIA and Apple, TSMC's strong performance is attributed to surging
00:25demand for AI.
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