TSMC Announces Robust Q3 Results and Major Investments
Company Announcements

TSMC Announces Robust Q3 Results and Major Investments

Taiwan Semiconductor Manufacturing (TSM) has released an update.

Taiwan Semiconductor Manufacturing Company (TSMC) reported strong financial results for the third quarter of 2024, with a consolidated revenue of NT$759.69 billion and a net income of NT$325.26 billion. The company announced a cash dividend of NT$4.50 per share, payable in April 2025, and approved significant capital investments totaling approximately US$15.48 billion to enhance its production capabilities. TSMC’s strategic moves underscore its commitment to expanding capacity and leveraging advanced technologies to meet growing market demands.

For further insights into TSM stock, check out TipRanks’ Stock Analysis page.

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