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TSMC, the world's largest advanced AI chip foundry, will release its third-quarter earnings report on Thursday. Outsiders generally predict that, driven by the AI boom, TSMC is expected to achieve a record high profit for the sixth consecutive quarter. According to analysts' forecasts, TSMC's net profit for the third quarter is expected to increase 65% year over year to NT$746.3 billion. If net profit exceeds NT$706.56 billion, it will once again set a record high for the company's net profit in a single quarter, while achieving 11 consecutive quarters of profit growth. On Thursday, preliminary data released by TSMC showed that the company's revenue for the third quarter was NT$1.49 trillion, up 51% year over year, exceeding market expectations and reaching a record high.
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TSMC, the world's largest advanced AI chip foundry, will release its third-quarter earnings report on Thursday. Outsiders generally predict that, driven by the AI boom, TSMC is expected to achieve a record high profit for the sixth consecutive quarter. According to analysts' forecasts, TSMC's net profit for the third quarter is expected to increase 65% year over year to NT$746.3 billion. If net profit exceeds NT$706.56 billion, it will once again set a record high for the company's net profit in a single quarter, while achieving 11 consecutive quarters of profit growth. On Thursday, preliminary data released by TSMC showed that the company's revenue for the third quarter was NT$1.49 trillion, up 51% year over year, exceeding market expectations and reaching a record high.
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