> Taiwan's TSMC says net profit rose 57% in fourth quarter / 36U86MH
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Taiwan's TSMC says net profit rose 57% in fourth quarter / 36U86MH
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Description
Taiwanese chipmaking giant TSMC announces a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology.
Taiwan Semiconductor Manufacturing Company is the world's largest contract maker of chips that are used in everything from Apple's iPhones to Nvidia's cutting-edge artificial intelligence hardware. IMAGES AND SOUNDBITES