The Zhitong Finance App learned that on Monday, Taiwan Semiconductor Manufacturing Company (TSM.US) rose more than 1.5% after opening, continuing to reach record highs, and its total market capitalization once again hit 1 trillion US dollars. At press time, it had fallen back to 0.73% to $192.21. According to the news, the market expects TSMC's profit to increase 40% in the third quarter due to soaring demand. According to LSEG SmartTest's forecast, TSMC expects to achieve net profit of NT$298.2 billion ($9.27 billion) for the quarter ending September 30. In comparison, net profit for the third quarter of 2023 was NT$221 billion. TSMC will hold a quarterly earnings conference call on Thursday to update its outlook for the current quarter and full year, including its capital expenditure to expand production.

The Zhitong Finance App learned that on Monday, Taiwan Semiconductor Manufacturing Company (TSM.US) rose more than 1.5% after opening, continuing to reach record highs, and its total market capitalization once again hit 1 trillion US dollars. At press time, it had fallen back to 0.73% to $192.21. According to the news, the market expects TSMC's profit to increase 40% in the third quarter due to soaring demand. According to LSEG SmartTest's forecast, TSMC expects to achieve net profit of NT$298.2 billion ($9.27 billion) for the quarter ending September 30. In comparison, net profit for the third quarter of 2023 was NT$221 billion. TSMC will hold a quarterly earnings conference call on Thursday to update its outlook for the current quarter and full year, including its capital expenditure to expand production.