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TSM's stock hit a new high. Can AI demand really last for years as the CEO claimed?
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Q4 Forecast

Taiwan Semiconductor expects fourth-quarter sales of $26.1 billion to $26.9 billion, estimated at $24.94 billion; Taiwan Semiconductor expects fourth-quarter gross margin of 57% to 59%, estimated at 54.7%; expected capital expenditure for 2024 will be slightly higher than $30 billion; sales for this year are expected to increase by nearly 30% when calculated in US dollars.
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