Taiwan Semiconductor Manufacturing Company (TSMC) has hit another record as its profit surges by 39% due to high demand for AI chips, exceeding estimates. The surge in revenue is attributed to the growing need for artificial intelligence (AI) technology in various industries. TSMC’s strong performance has further solidified its position as a leading global semiconductor manufacturing company.
Source: https://www.cnbc.com/2025/10/16/tsmc-hits-yet-another-record-as-profit-surges-39percent-beating-estimates-on-ai-chip-demand-surge.html