Two of Asia's biggest chipmakers have delivered blockbuster results, with Samsung on course for its most profitable quarter ever and TSMC booking a record three months of revenue, driven by spending on artificial intelligence.
The South Korean group estimated its operating profit for the third quarter at 107.4 trillion won, or $80.2 billion (€71.5bn), up from 89.49 trillion won (€59.6bn) in the previous quarter and 12.17 trillion won (€8.1bn) a year earlier.