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TSMC profit jumps amid AI boom

TSMC profit jumps amid AI boom

TSMC has delivered record-breaking financial results, with quarterly net income reaching $18.2 billion.

The company's performance was bolstered by the global artificial intelligence expansion, which has sustained high demand for its 3nm and 7nm process nodes.

While management acknowledged the inflationary pressures and logistical challenges posed by the conflict in the Middle East, they signaled confidence in a 30% revenue increase for 2026.

This growth trajectory has allowed TSMC to overtake the UK in total stock market value, highlighting the shifting center of gravity in the global economy.

TSMC Peellden, CC BY-SA 3.0
TSMC
Semiconductor foundry company headquartered in Taiwan
Apple Inc.
American multinational technology company based in Cupertino, California
Nvidia
American multinational technology company
Taiwan
Country in East Asia