Taiwan Semiconductor Manufacturing Company Earlier Announced Its Net Revenue For September 2024, On A Consolidated Basis, Revenue For September 2024 Was ~NT$251.87 Billion, An Increase Of 0.4% From August 2024 And An Increase Of 39.6% YoY. Revenue For January Through September 2024 Totaled NT$2,025.85 Billion, An Increase Of 31.9% YoY
Portfolio Pulse from Benzinga Newsdesk
Taiwan Semiconductor Manufacturing Company (TSMC) reported its net revenue for September 2024, showing a 0.4% increase from August 2024 and a 39.6% increase year-over-year. The total revenue from January to September 2024 was NT$2,025.85 billion, marking a 31.9% year-over-year increase.
October 09, 2024 | 1:34 pm
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TSMC's September 2024 revenue increased by 0.4% from August and 39.6% year-over-year, with total revenue for the first nine months of 2024 up by 31.9% YoY.
The significant year-over-year revenue growth indicates strong performance and demand for TSMC's products, likely boosting investor confidence and positively impacting the stock price in the short term.
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