Get all your news in one place.
100's of premium titles.
One app.
Start reading
Euronews
Euronews
AP with Doloresz Katanich

Nearly 40% jump in net profit: Chipmaker TSMC capitalises on AI boom

Beating analysts’ forecasts, the Taiwanese chipmaking giant TSMC said on Thursday that its net profit surged by 39.1% in the last quarter, boosted by a surge in AI use.

The company reporteda record net profit of 452.3 billion new Taiwan dollars (€12.64bn) in the July-September quarter, higher than analysts' forecasts.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.