TSMC Reports Record Profit as CEO Sees No Slowdown
Taiwan Semiconductor Manufacturing said it posted a record quarter for profit. Its CEO sees no sign of a slowdown, and the company says agentic AI will spur demand.
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08:51:00 AM UTC
SquawkNews
By Adam ClarkTaiwan Semiconductor Manufacturing reported soaring earnings on Thursday. Attention will now turn to whether the chip manufacturer is ready to make another big American investment amid nerves in the semiconductor sector.The Taiwanese company's quarterly net profit surged 69% from a yea…
5% in premarket trading. TSMC reported a record quarterly profit, while the company said agentic AI would drive demand for artificial-intelligence infrastructure.