TSMC now anticipates its capital expenditure for this year will pick up to slightly higher than $30 billion, it said during its earnings call. The firm's capex costs edged higher

TSMC generated 23.5 billion US dollars in sales in three months. The 3-nanometer production is a major driver.

Nvidia stock posted an intraday record Thursday after billionaire investor Stanley Druckenmiller said selling shares of the chip maker was a “big mistake” and Taiwan Semiconductor Manufacturing’s earnings revealed just how right that statement is.

This week, both Google and Amazon announced deals to support nuclear energy projects. Google and Microsoft (MSFT), which announced a nuclear power deal in September, said earlier this year that they are not on track to meet their climate goals,