Update
TSMC Reports Q3 Net Income and Operating Margin
The company's gross margin increased to 66.4% from 59.5% in the previous year. Capital expenditures (Capex) were NT$13.8 billion, up from NT$9.7 billion in the previous year. The company's management commented on the third quarter, noting that revenue increased by 17.6% sequentially due to strong demand for its advanced process technologies. The 2nm process contributed 8% of total bond revenues in the third quarter, with 3nm, 5nm, and 7nm processes accounting for 33%, 28%, and 10% respectively.