{"id":81752,"date":"2025-10-16T08:13:05","date_gmt":"2025-10-16T08:13:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/81752\/"},"modified":"2025-10-16T08:13:05","modified_gmt":"2025-10-16T08:13:05","slug":"tsmc-posts-record-profit-on-ai-boom","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/81752\/","title":{"rendered":"TSMC posts record profit on AI boom"},"content":{"rendered":"

Unlock the Editor\u2019s Digest for free<\/p>\n

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.<\/p>\n

Taiwan Semiconductor Manufacturing Company reported its highest quarterly profit, fuelled by the artificial intelligence boom.<\/p>\n

The Taiwanese chipmaker<\/a> on Thursday reported NT$452.3bn ($14.8bn) in net earnings for the third quarter, a 39.1 per cent jump year on year, along with a 6 per cent rise in revenues on the previous quarter to NT$989.9bn.<\/p>\n

Shares in the world\u2019s largest chipmaker<\/a> have gained more than 40 per cent in the past 12 months as a result of soaring demand for high-performance semiconductors, as companies race to build infrastructure for artificial intelligence data centres.<\/p>\n

\u201cAI demand continues to be very strong, stronger than we thought three months ago\u201d, said chair and chief executive CC Wei to investors. <\/p>\n

TSMC<\/a>, which supplies companies including Nvidia, AMD, Broadcom and Apple, makes more than 90 per cent of the world\u2019s most advanced chips and has in recent years widened its lead over rivals Samsung and Intel.<\/p>\n

The company said the cost of its overseas expansion continued to dilute its gross margin, which was 59.5 per cent. <\/p>\n

Still, the company\u2019s gross margin exceeded its high-end guidance for the second quarter owing to a more favourable exchange rate. The chipmaker\u2019s revenues are mainly in dollars and were dented by the appreciation of the Taiwanese dollar earlier this year.<\/p>\n

The Taiwanese chipmaker has a large US investment plan in place and is beginning mass production of advanced chips in Arizona this year.<\/p>\n

Donald Trump\u2019s administration is determined to reduce America\u2019s dependence on vulnerable overseas tech supply chains. It recently took a 10 per cent stake<\/a> in struggling chipmaker Intel. <\/p>\n","protected":false},"excerpt":{"rendered":"Unlock the Editor\u2019s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this…\n","protected":false},"author":2,"featured_media":81753,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,111,139,69,145],"class_list":["post-81752","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-new-zealand","tag-newzealand","tag-nz","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/81752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=81752"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/81752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/81753"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=81752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=81752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=81752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}