TSMC likely to book fourth straight quarter of record profit on insatiable AI demand
Source: AI Stock News
Sentiment: POSITIVE — Score: 100/100
Published: 2026-04-13T03:09:01.000Z
TSMC, the world's largest manufacturer of advanced artificial intelligence chips, will likely notch up a fourth consecutive quarter of record earnings with a 50% surge in net profit for January-March thanks to booming demand for AI infrastructure. Analysts say that demand for Taiwan Semiconductor Manufacturing Co's 3-nanometre technology to produce AI chips and its advanced packaging technology continues to outstrip the firm's current production capacity. Its market capitalisation is now nearly double that of South Korean rival Samsung Electronics at around $1.6 trillion.
Original article: https://finance.yahoo.com/sectors/technology/articles/tsmc-likely-book-fourth-straight-030901124.html?.tsrc=rss