TSMC fourth-quarter profit to jump 58% on strong AI chip demand
TAIPEI, Taiwan: Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker and a key supplier for Apple and Nvidia, is expected to report a 58 percent surge in fourth-quarter profit, driven by strong demand for AI chips.
According to a SmartEstimate from 22 analysts, TSMC is forecast to post a net profit of T$377.95 billion (US$11.41 billion) for the quarter ending December 31, signifi