TSMC eyes 6th straight record profit on AI chip demand
An LSEG SmartEstimate based on 16 analyst forecasts projects TSMC's third-quarter net profit to rise 65% to T$746.3 billion (US$23.4 billion), marking a sixth consecutive record quarter on AI chip demand.
- Q3 net profit forecast at T$746.3 billion (US$23.4 billion)
- Profit expected to rise 65% year over year
- Would be the sixth straight record quarter
- AI chip demand drives the growth
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