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TSMC Q3 profit falls 24.9%, beats market expectations

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TSMC Q3 profit falls 24.9%, beats market expectations

© Reuters. A smartphone with a displayed TSMC logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/IllustrationTAIPEI - Taiwanese chipmaker TSMC posted a 24.9% fall in third-quarter net profit on Thursday as global economic woes hit demand for chips used in applications from cars to cellphones and servers and coming off a high base last year.The profit beat a T$195.

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