TSMC posts a sixth straight record profit but turns cautious on 2027

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TSMC reported a record net profit of $23.59bn in Q3, driven by strong demand for 3nm chips and high-performance computing. Despite robust 2026 growth forecasts, CEO C.C. Wei expressed caution for 2027 amid economic uncertainties. The company plans new 3nm fabs in Taiwan and the US, with capital expenditure rising through 2028.

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