TSMC Reports Record $15B Quarterly Profit as AI Demand Surges
TSMC has announced a record $15 billion net profit for the third quarter, representing a nearly 40% surge driven by artificial intelligence demand. The world’s largest semiconductor manufacturer exceeded analyst expectations as revenue jumped 30% year-on-year amid global expansion efforts.
Record Quarterly Performance
Taiwan Semiconductor Manufacturing Company (TSMC) has reported a record net profit of approximately $15 billion for the July-September quarter, according to the company’s latest financial disclosure. The world’s largest semiconductor manufacturer saw its net profit surge nearly 40% compared to the same period last year, significantly exceeding analyst forecasts.