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TSMC posts record Q3 revenue on AI chip demand

Original: TSMC posted record third-quarter revenue of T$1.49 trillion ($46.71 billion), surging 50% year-over-year to beat the T$1

TSMC reported record third-quarter revenue of T$1.49 trillion ($46.71 billion), up 50% year over year and ahead of the T$1.46 trillion analyst forecast. The surge is driven by relentless demand for AI chips, cementing the Taiwanese foundry's central role in the artificial intelligence boom. Observers note the broader market is still debating when AI applications will become profitable, but TSMC's results are being read as further evidence that AI hardware spending shows no sign of slowing.

Why now: The results beat forecasts and underline the strength of AI-driven chip demand, making them a key signal for the tech sector.

TSMCTaiwanAI chip industry

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Evidence

• TSMC posted record third-quarter revenue of T$1.49 trillion ($46.71 billion), surging 50% year-over-year to beat the T$1.46 trillion analyst forecast on relentless AI demand. The broader market is still debating when AI applications will turn a profit, but the foundry producing… · zubiqo

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