Taiwan Semiconductor Manufacturing Company (TSMC) reported a stunning 61% jump in quarterly profits, hitting an all-time high. The surge is largely driven by booming demand for AI chips, with Nvidia and Apple among its top clients. As the backbone of the global semiconductor supply chain, TSMC’s momentum highlights how artificial intelligence is reshaping hardware investments. Revenue rose to NT$673.5 billion ($20.7 billion), beating analyst expectations. The company also noted strong traction in its advanced 3nm and 5nm process technologies. Investors see this as a clear signal that the AI chip boom isn’t slowing down any time soon.
