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 driven by booming demand for AI infrastructure. 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, according to analysts. Its market capitalisation is now nearly double that of South Korean rival Samsung Electronics at ‌around $1.68 trillion.