On Oct. 15 Shanghai Guotou completed establishment of a high-end equipment industry investment fund sized at 10 bln yuan, with a first-close of 3 bln yuan.

TSMC reported Q3 net profit rose 69% YoY to NT$763.1bn (≈$23.6bn), beating analyst estimates. Quarterly revenue gained 51% YoY to $47.0bn, also above expectations. The company said revenue growth has accelerated over the past two quarters and it is speeding capacity expansion. TSMC reiterated this year's capex could reach a record $64bn. Market forecasts for TSMC 2027 capex have risen: Goldman sees $85bn, UBS $90bn, both above a $75bn institutional-survey average. TSMC is moving to build and equip roughly 20 fabs domestically and overseas simultaneously, versus a historical norm of four to five concurrent plants.

美国银行(BAC.N)盘前跌超3%。