TAIPEI (TVBS News) — Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) on Friday (Nov. 8) reported a record-breaking consolidated revenue of NT$314.24 billion for October, setting a new company milestone. The figures represented a 24.8% increase from the previous month and a 29.2% year-over-year growth, marking the first time TSMC's monthly revenue surpassed NT$300 billion.
The company's cumulative revenue from January to October reached NT$2.34 trillion, reflecting a 31.5% increase compared to the same period last year. This surge in revenue dethroned TSMC's previous monthly record of NT$256.953 billion set in July, with September and August following closely behind. Meanwhile, TSMC's stock closed up NT$25 at NT$1,090, a 2.35% rise, pushing its market capitalization back to NT$28.27 trillion.
TSMC October revenue tops NT$300B (Shutterstock)
Taiwan Business
#TSMC# Taiwan Semiconductor# semiconductor industry# revenue growth# stock market# market capitalization# technology news# TSMC revenue milestone# TSMC stock performance# TSMC financial results
readmore
TSMC Arizona plant completion speculated
2024-11-06 13:58:44-
Official: U.S. election won't hurt TSMC
2024-11-06 11:11:47 -
TSMC stock hits record high at NT$1,100
2024-10-18 09:29:17
-
TSMC focuses on current global projects
2024-10-15 10:16:02 -
Starlux to list shares on Oct. 25
2024-10-14 13:35:34 -
Minister clarifies TSMC's US move
2024-09-04 13:26:52
