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Taiwan's TSMC says net profit rose 57% in fourth quarter
Taiwan's TSMC says net profit rose 57% in fourth quarter
Economy
by  AFP

Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology. Net revenue for the fourth quarter rose 38.8 percent to NT$868.46 billion, TMSC said, beating forecasts.