TSMC kept more than half of every dollar it earned as profit.
TSMC, the company that makes most of the world's AI chips, reported a record third quarter on Thursday. Revenue rose 41% to $46.7 billion, and net profit reached $23.6 billion. It expects sales to rise about 14% again next quarter as its newest 2-nanometer chips ramp up.
Why it mattersAlmost every AI model you use runs on TSMC chips, so its outlook is a gauge of AI demand. A record quarter says the big buyers are not slowing down, even as AI stocks wobble.
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