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United States TSMC
Shares in chipmaker TSMC leap after profit beats estimates
Shares in Taiwan's TSMC jumped on Friday, a day after the chipmaker announced a forecast-beating third-quarter profit and even though it struck a more cautious note than usual on upcoming demand.
This positive news has led to a surge in investor confidence, with many seeing TSMC as a strong investment opportunity in the ever-growing tech industry. The company's ability to exceed profit expectations showcases its resilience and adaptability in a rapidly changing market.
