TSMC Anticipates Sixth Consecutive Record Profit Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co (TSMC) is projected to report a 65% year-on-year increase in third-quarter net profit, reaching NT$746.3 billion (US$23.4 billion), fueled by robust demand for artificial intelligence (AI) chips and advanced packaging technology like CoWoS. This highlights significant growth in the semiconductor and AI infrastructure sectors.