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Signal #136425POSITIVE

TSMC seen riding AI boom to fifth straight quarter of record profit

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TSMC, the world's largest manufacturer of advanced AI chips, will likely notch a fifth consecutive quarter of record earnings, driven ‌by booming AI infrastructure spending. Analysts say demand for Taiwan Semiconductor Manufacturing Co's (TSMC) 3-nanometre and 2-nanometre ‌process technologies for AI chips, as well as for its advanced chip packaging technology, CoWoS, remains strong. Its market capitalisation is now nearly double that of South Korean rival Samsung Electronics at around $1.97 trillion.

AI Stock Newsabout 4 hours ago
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TSMC seen riding AI boom to fifth straight quarter of record profit | Steek AI Signal | Steek