TSMC Profit Report: Q3 Earnings Jump 39% on Soaring AI Chip Demand
The TSMC Profit surge stunned markets this week. Taiwan Semiconductor Manufacturing Company reported a 39.1% jump in third-quarter net income, pushing record quarterly profit as demand for AI chips climbs. Consolidated revenue hit NT$989.92 billion and net income reached NT$452.30 billion, handily beating forecasts. The earnings beat underlines how AI data centers and cloud computing…