CoinVoice recently learned that semiconductor leader TSMC held a corporate briefing on the 17th last year and announced its third quarter financial report and fourth quarter financial forecast targets. The outstanding results not only caused TSMC’s ADR (American Depositary Receipt) to surge by 12% at one time, This morning, TSMC's intraday stock price rose sharply to 1,100 yuan, a few record highs, and closed at 1,085 yuan, an increase of 4.83%. TSMC’s recently released third-quarter financial report showed that the company’s revenue and profits significantly exceeded market expectations. According to the latest data, consolidated revenue for the quarter reached NT$759.69 billion, marking the company's continued solid operating conditions. Strong global demand for artificial intelligence (AI) hardware is also one of the key factors for TSMC's performance growth. Analysts pointed out that the continued heating up of the AI ​​craze will continue to increase TSMC’s revenue expectations and effectively eliminate market concerns about insufficient chip demand. [original link]