TSMC likely to report record profit on high AI chip demand
TSMC is expected to report a 50 percent surge in quarterly profit driven by high AI demand. The chipmaker remains a key supplier for Nvidia and Apple.
Xurve View
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Xurve View
TAIWAN SEMICONDUCTOR-SP ADR, the world's leading producer of advanced artificial intelligence chips, is anticipated to report its fourth straight quarter of record-breaking earnings. Driven by an unrelenting demand for AI infrastructure, the company is expected to see a 50% surge in net profit for the January-March period. Analysts indicate that the firm's 3-nanometre technology and advanced packaging capabilities are currently struggling to keep pace with global requirements.
