| Submit your comments on this article |
| China-Japan-Koreas |
| TSMC likely to book fourth straight quarter of record profit on insatiable AI demand |
| 2026-04-13 |
| [Reuters] TSMC, the world's largest manufacturer of advanced artificial intelligence chips, will likely notch up a fourth consecutive quarter of record earnings with a 50% surge in net profit for January-March thanks to booming demand for AI infrastructure. Analysts say that demand for Taiwan Semiconductor Manufacturing Co's (2330.TW) 3-nanometre technology to produce AI chips and its advanced packaging technology continues to outstrip the firm's current production capacity. That's driven Asia's most valuable company, a key supplier to Nvidia (NVDA.O) and Apple (AAPL.O), to new heights. Its market capitalisation is now nearly double that of South Korean rival Samsung Electronics (005930.KS) at around $1.6 trillion. On Thursday, TSMC is expected to report a net profit of T$542.6 billion ($17.1 billion) for the quarter, according to an LSEG SmartEstimate compiled from 19 analysts. SmartEstimates place greater weight on forecasts from analysts who are more consistently accurate. An earnings call at which it will provide second-quarter and updated full-year guidance is scheduled for 0600 GMT. Any profit result above T$505.7 billion would mark the company's highest-ever quarterly net income and its ninth consecutive quarter of profit growth. Last week, it posted a 35% year-on-year rise in first-quarter revenue, ahead of market forecasts. Related: TSMC 08/07/2025 Trump announces 100% tariff on semiconductors made outside the US in potential blow to domestic businesses TSMC 06/21/2025 China Prepares for What Comes Next TSMC 06/20/2025 Iconic tech company [INTEL] slashes 20 THOUSAND staff as job bloodbath spirals out of control |
| Posted by:Skidmark |