TSMC Reports Record $15 Billion Quarterly Profit as AI Demand Surges
TSMC has announced a record $15 billion net profit for the third quarter, representing a nearly 40% surge year-over-year. The world’s largest semiconductor manufacturer is benefiting from unprecedented artificial intelligence demand and strategic global expansion efforts.
Record Quarterly Performance Exceeds Expectations
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest semiconductor manufacturer, has reported a nearly 40% surge in net profit for the July-September quarter, according to reports released Thursday. The company reportedly achieved a record 452.3 billion New Taiwan dollars ($15 billion) in net profit, significantly exceeding analysts’ forecasts.