top of page

TSMC Q3 PROFIT EXPECTED TO SOAR 28% ON AI SPENDING BOOM

  • NEWS Desk Global
  • 1 day ago
  • 1 min read

ree

TSMC, the world's largest manufacturer of advanced artificial intelligence chips, is expected to post a 28% jump in third-quarter profit to a record due to the insatiable demand for AI infrastructure, though U.S. tariffs could impact its outlook.

Taiwan Semiconductor Manufacturing Co, the world's No. 1 contract chipmaker and a key supplier to Nvidia and Apple, is forecast to report a net profit of T$415.4 billion ($13.55 billion) for the three months through September 30, according to an LSEG SmartEstimate compiled from 20 analysts.

Comments

Commenting on this post isn't available anymore. Contact the site owner for more info.
bottom of page