TSMC to Report Sixth Consecutive Quarter of Record Profits Driven by AI Demand
TSMC, the world's largest advanced AI chip manufacturer, is set to report its sixth straight quarter of record profits due to strong demand in AI infrastructure. Analysts expect a 65% rise in third-quarter net profit to T$746.3 billion ($23.4 billion). The company, a key supplier to Nvidia and Apple, has nearly doubled Samsung Electronics' market value at $2.1 trillion. Updated guidance will be shared in an upcoming earnings call.
ET Tech·



