Sources: TSMC’s third-quarter net profit is projected to surge 65% year-on-year, notching six consecutive quarters of record highs.

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest advanced AI chip foundry, will release its third-quarter financial results on Thursday. Analysts widely forecast that, driven by the AI boom, TSMC is poised to post its sixth consecutive quarter of record-high profits. LSEG SmartEstimate, which compiles forecasts from 16 analysts, projects TSMC’s third-quarter net profit to jump 65% year-over-year to NT$746.3 billion (US$23.4 billion). Should net profit exceed NT$706.56 billi

@tonmelonfest