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2026-10-15T10:00:39.000Z

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Italian Dolphin may buy back shares amid family disputes

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15 Hrs2026-10-15T20:39:00.000Z
Italian Dolphin may buy back shares amid family disputes

Meta releases open-source Muse Spark model

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15 Hrs2026-10-15T20:05:42.415Z
Meta releases open-source Muse Spark model

Dubai issues 196,000 vehicle licenses in H1

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19 Hrs2026-10-15T16:49:00.000Z
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Abu Dhabi First Bank launches regional digital green bonds

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20 Hrs2026-10-15T15:17:00.000Z
Abu Dhabi First Bank launches regional digital green bonds

US chip stocks decline before market open

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22 Hrs2026-10-15T13:19:00.000Z
US chip stocks decline before market open
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TSMC posts sixth straight quarter of record profits

TSMC posts sixth straight quarter of record profits

TSMC, the world's largest manufacturer of artificial intelligence chips, achieved record-breaking profits for the sixth consecutive quarter, driven by strong demand for its AI chip manufacturing and packaging capabilities. The company reported a net profit of $23.59 billion, a 69% increase from the previous year, surpassing expectations and marking its highest quarterly income since its founding. These results have bolstered TSMC's position and increased its market value to around two trillion dollars, reflecting the ongoing demand for its advanced technology in the AI sector.

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