Institution: TSMC’s Q3 Net Profit Anticipated to Skyrocket 65% Year-on-Year, Marking Six Straight Quarters of Record Highs
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Author:小编   

On October 12, reports emerged that TSMC, the globe’s premier foundry for cutting-edge AI chips, is poised to unveil its Q3 financial outcomes on Thursday. Propelled by the AI surge, TSMC is projected to notch up unprecedented profits for the sixth quarter in succession. Based on the aggregated forecasts from 16 analysts by LSEG SmartEstimate, TSMC’s net profit for Q3 is anticipated to surge by 65% year-on-year, hitting NT$746.3 billion (around US$23.4 billion). Should the net profit surpass NT$706.56 billion, TSMC will once again break its own record for quarterly net profit and secure profit growth for 11 consecutive quarters. Last Thursday, TSMC shared preliminary figures revealing that its Q3 revenue soared to NT$1.49 trillion (approximately US$46.7 billion), marking a 51% year-on-year increase, outstripping market forecasts and reaching an all-time high.