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TSMC Q3 profit rises 54%, better than forecasts

TAIPEI : Taiwanese chipmaker TSMC posted a 54 per cent rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for semiconductors used in artificial intelligence applications. Taiwan Semiconductor…

US sabre-rattling

AMERICAN sabre-rattling is unlikely to bring calm to a Middle East that is ready to explode. If anything, Washington’s decision to add more troops, ships and aircraft to the volatile region will further escalate matters, while encouraging Israel to continue…

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