TSMC Estimated To Make A 40 Percent Net Profit Jump In Q3 2024, As Major Customers, Including Apple, Rely Heavily On Its Advanced Manufacturing Process

Apple may have been the first to introduce the world’s first 3nm ‘N3E’ chipset in the form of the M4, and later, the A18 and A18 Pro for the iPhone 16 series, but it is not the only customer that is dependent on TSMC’s advanced technology. This year, more players such as Qualcomm and MediaTek have entered the fold, leveraging the cutting-edge manufacturing process, of which the Dimensity 9400 has already been announced, with the Snapdragon 8 Gen 4 remaining. These reasons, and more, is why analysts believe that TSMC will post a 40 percent net profit earnings bump in Q3 […]

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