AI

TSMC reported a record third-quarter profit for a sixth straight quarter, beating estimates as global demand for AI chips drove a 68.7% year-over-year surge in net profit.

Oct 15, 2026 - 01:50
 0  0
TSMC reported a record third-quarter profit for a sixth straight quarter, beating estimates as global demand for AI chips drove a 68.7% year-over-year surge in net profit.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0

Related Posts

CoreWeave shares fell 16% as yields on its bonds due in 2031 and 2032 climbed to about 14.9% and 14.8%, underscoring investor concern over heavy AI-related borrowing.

CoreWeave shares fell 16% as yields on its bonds due in...

Oct 14, 2026  0  0

Former OpenAI engineer Abdulrahman Alfozan was arrested on October 9 and charged with using an electronic device to intercept oral communications after OpenAI said it found a recording device concealed in toilet paper in an executive conference room.

Former OpenAI engineer Abdulrahman Alfozan was arrested...

Oct 14, 2026  0  0

Bank of America says it hired 1,000 external consultants to patch software vulnerabilities exposed by powerful AI models, as CEO Brian Moynihan said the bank spent a couple hundred million plus on remediation.

Bank of America says it hired 1,000 external consultant...

Oct 15, 2026  0  0

Jio Platforms, Mukesh Ambani’s telecom and digital business, has lowered its IPO valuation to about $108 billion, down from more than $130 billion a year ago, as investor pushback meets Musk’s ‘monopolistic’ criticism.

Jio Platforms, Mukesh Ambani’s telecom and digital busi...

Oct 14, 2026  0  0

Jim Cramer warned investors not to abandon stocks during Wednesday’s selloff, saying inflation, rates and the Iran war make the market hard to predict and that missing the best days can hurt long-term returns.

Jim Cramer warned investors not to abandon stocks durin...

Oct 14, 2026  0  0

Hungary has become a major Hollywood filming hub, with movies like Poor Things, Blade Runner 2049, The Brutalist and Dune shot there, while the new film Wicker also used Hungarian locations and studios.

Hungary has become a major Hollywood filming hub, with ...

Oct 15, 2026  0  0