Thursday, 15 October, 2026
The Unstoppable Silicon Surge: AI Boom Powers TSMC Toward Sixth Straight Record Profit
By TechShots Studio
Taiwan Semiconductor Manufacturing Co. (TSMC) is set to post its sixth consecutive quarter of record earnings, driven by relentless global demand for advanced AI chips. Boosted by heavy infrastructure spending from key clients like Nvidia and Apple, third-quarter net profit is projected to jump 65% to roughly $23.4 billion, solidifying the chipmaker's position as the backbone of the AI expansion.
Read full story at REUTERS