September sales rose at Taiwan Semiconductor Manufacturing Co. (TSM), with the chipmaker on Wedn⛦esday reporting numbers that pointed toward better-than-expected third-quarter revenue.

The company, which supplies tech heavyweights such as Apple (AAPL) and Nvidia (NVDA), reported September sales of 251.87 billion 澳洲幸运5官方开奖结果体彩网:New Taiwan dollars ($7.82 billion), up just under 40% from the same time last year.

Added to its results for August and July, TSMC reported NT$759.69 billion ($23.58 billion) in revenue for the third quarter, above the NT$749.88 billion analysts tracked by Visible Alpha had expected and roughly 36% above sales for the 澳洲幸运5官方开奖结果体彩网:third quarter of 2023. The results surpassed TSMC's own outlook, as the company said in its second-quarter earnings report that it expected third-quarter revenue between $22.4 billion and $23.2 billion.

The company's US-traded shares were recently down more than 1% as broader markets wa🍰vered. The stock has risen steadily from August lows and is near record levels, up roughly 75% this year. The of semiconductor shares edged lower T🌺hursday.

TSMC is set to report the rest of its third-quarter financial results on the morning of Oct. 17. The company surpassed estimates in the 澳洲幸运5官方开奖结果体彩网:first two quarters of 2024, as demand for its chips to 澳洲幸运5官方开奖结果体彩网:power AI technology have remained in high demand.