TAIPEI: Taiwanese chip giant TSMC said Thursday that net profit soared 68.7 % to a record high in the third quarter, buoyed by massive global demand for AI hardware.
It marked the sixth straight record quarterly net profit for the company, the world's biggest contract maker of microchips, including those used in Nvidia AI data centre processors.
TSMC's net profit for July to September surged year-on-year to NT$763.1 billion (US$23.6 billion), beating analyst estimates of NT$739.5 billion.
The result surpassed its previous quarterly record of NT$706.6 billion set in April-June 2026.
Quarterly revenue rose 50.9 percent to NT$1.5 trillion.