TSMC's net profit in the third quarter is expected to increase by 65% year-on-year
2026-10-12 16:31:11
According to CoinMeta, TSMC (Taiwan Semiconductor Manufacturing Company), the world's largest and most advanced AI chip manufacturer, rose 1.12% before the market opened, reaching $458.407. TSMC will release its third-quarter financial report on Thursday. There is widespread expectation that, driven by the AI craze, the company is expected to achieve a record sixth consecutive quarter of profitability. A survey of 16 analysts by LSEG SmartEstimate shows that TSMC's net profit for the third quarter is expected to increase by 65% year-on-year to NT$746.3 billion (equivalent to $23.4 billion). If the net profit exceeds NT$706.56 billion, it will set a new record for the company's single-quarter net profit and mark 11 consecutive quarters of profit growth. Last Thursday, TSMC announced preliminary data showing that its revenue for the third quarter was NT$1.49 trillion (about $46.7 billion), a year-on-year increase of 51%, exceeding market expectations and setting a new record.
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Source:Internet
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