TSMC bullish on outlook as Q3 profit beats forecasts on AI boom
Taiwan
TAIPEI :TSMC, the world's largest contract chipmaker, said on Thursday it expects strong growth in its business to be sustained as it reported a forecast-beating 54 per cent jump in quarterly profit due to soaring demand for chips used in artificial intelligence (AI). Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in AI applications whose customers include Apple and Nvidia, has benefited from a surge towards AI across a spectrum of industries. At its
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