TSMC likely to book fourth straight quarter of record profit on insatiable AI demand
Taiwan
TAIPEI: 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 per cent surge in net profit for January-March thanks to booming demand for AI infrastructure. Analysts say that demand for Taiwan Semiconductor Manufacturing Co's 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
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