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PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) reported record Q3 revenue rose 17.62% Q/Q to TWD 1.49tln, exceeding guidance, while September revenue rose 54.6% Y/Y to TWD 511.86bln

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TSMC reported record quarterly revenue and strong year-over-year September growth; the brief also covered fuel pricing, an export-controls guilty plea, market moves and DBS CEO comments.

News detail

TAIWAN Formosa Petrochemical (6505 TT) - Co. matched state-run CPC Corp's decision to leave gasoline and diesel prices unchanged this week despite volatility in international crude oil prices. (Taipei Times) TSMC (2330 TT) - Co. reported record Q3 revenue rose 17.62% Q/Q to TWD 1.49tln, exceeding guidance, while September revenue rose 54.6% Y/Y to TWD 511.86bln, down 0.6% M/M from August's record but marking the highest-ever September sales, supported by robust AI demand and increased smartphone-related orders. (Focus Taiwan) Tech Nasdaq gained alongside all major peers on Friday, while futures are mildly underpinned to start the week. A man charged alongside Super Micro Computer (SMCI) co-founder Yih-Shyan "Wally" Liaw over an alleged conspiracy to illegally export advanced chips to China pleaded guilty to violating US export controls. (Taipei Times) SINGAPORE DBS Group (DBS SP) - Co. CEO said wealth management has a long-term structural tailwind, while the market is repricing risks associated with AI financing. (Newswires)

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