AI Demand Fuels Growth: TSMC’s Net Profit Projected to Skyrocket 27% in Q4 2024
2 week ago / Read about 0 minute
Author:小编   

TSMC, the globe’s foremost producer of cutting-edge AI chips, is poised to witness a remarkable 27% leap in net profit for the fourth quarter, marking an all-time high, propelled by robust demand for AI infrastructure. Based on informed projections from the London Stock Exchange Group (which compiles forecasts from 19 analysts), this worldwide leader in semiconductor foundry services and a pivotal supplier to both Nvidia and Apple, is anticipated to report a net profit of NT$475.2 billion (roughly equivalent to US$15.02 billion) for the three-month period concluding on December 31.

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