TSMC Q3 profit expected to soar 28% on AI spending boom


The logo of Taiwan Semiconductor Manufacturing Company (TSMC) is displayed at its fabrication plant in Kaohsiung, Taiwan, June 7, 2025. REUTERS/Ann Wang

TAIPEI (Reuters) -TSMC, the world's largest manufacturer of advanced artificial intelligence chips, is expected to post a 28% jump in third-quarter profit to a record due to the insatiable demand for AI infrastructure, though U.S. tariffs could impact its outlook.

Taiwan Semiconductor Manufacturing Co, the world's No. 1 contract chipmaker and a key supplier to Nvidia and Apple, is forecast to report a net profit of T$415.4 billion ($13.55 billion) for the three months through September 30, according to an LSEG SmartEstimate compiled from 20 analysts.

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