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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POSITIVE IMPACT
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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100