TSMC projected to report record net profit of nearly 480 billion Taiwan dollars amid surging AI chip demand
TSMC is expected to report a record fourth-quarter net profit of T$479.1 billion. This 28 percent increase is driven by demand for AI infrastructure chips.
Insights:
Taiwan Semiconductor Manufacturing Company is expected to announce a record-breaking fourth-quarter net profit of T$479.1 billion, or approximately $15.15 billion. According to an LSEG SmartEstimate compiled from 19 analysts, this represents a 28 percent year-over-year increase. Any profit figure exceeding T$452.3 billion would mark the highest quarterly income ever recorded by the firm and its eighth consecutive quarter of profit growth. This anticipated performance follows a revenue increase of 20.45 percent during the same period, which surpassed previous market expectations.
