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The Independent UK
The Independent UK
National
Via AP news wire

Taiwan chipmaker TSMC says quarterly profit $8.8 billion

Copyright 2021 The Associated Press. All rights reserved.

Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, said Thursday that its quarterly profit rose 79.7% over a year earlier to $8.8 billion amid surging demand.

Quarterly revenue rose 47.9% over a year ago to $19.2 billion, the company reported.

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