TSMC posts record quarterly sales and profit on AI demand

· Economy · Taiwan · United States

TSMC posted record quarterly sales and profit, underlining sustained demand for advanced chips that power artificial intelligence. The results came as US manufacturing output rose 0.3% in September, boosted by a surge in semiconductor and related electronic component production, though the sector was hurt by the Middle East conflict. Separately, a fire at a power facility in Johor Bahru, Malaysia, caused a major blackout that electrocuted two contract workers, who are in stable condition. In Italy, a technical fault affecting air traffic control caused flight delays and cancellations before being fixed; authorities said it was not caused by sabotage.

Why it matters：TSMC's record results show AI demand still underpins the global chip cycle, even as investors worry about the sector's financing and valuations.

Key points

  • TSMC reported record quarterly sales and profit.
  • US manufacturing output rose 0.3% in September on semiconductor production.
  • An Italian air traffic control fault caused delays before being fixed.

Sources (original reporting)

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