TSMC Set to Unveil Earnings Report on Thursday, with Q3 Profits Anticipated to Reach All-Time High
3 week ago / Read about 0 minute
Author:小编   

Propelled by a robust uptick in demand for artificial intelligence infrastructure, TSMC is projected to witness a substantial 28% surge in its third-quarter profits, propelling them to an unprecedented peak. Nevertheless, uncertainties loom over its future prospects due to potential impacts from U.S. tariff policies. Drawing on predictions from 20 analysts, TSMC's net profit for the third quarter is forecasted to soar to NT$417.7 billion (equivalent to roughly US$13.65 billion), eclipsing the previous record of NT$398.3 billion and marking the seventh consecutive quarter of profit expansion, thus setting a new benchmark for the company. TSMC is scheduled to disclose its earnings report on Thursday and will offer insights into its fourth-quarter performance during a 14:00 earnings call. Buoyed by these positive expectations, TSMC's stock price soared to an all-time high of NT$1,490 today, propelling the Taiwan Weighted Index to a record intraday peak.