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ᴄʀʏᴘᴛᴏɴɪᴛᴇ
Most underrated line in TSMC's report is the guide. Next-quarter revenue is guided to $52.3–54.3B vs $46.7B this quarter, with margins of 65–67%. If AI capex were peaking, that guide wouldn't look like this.
#TSMCQ3RecordProfit
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