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TSMC Hits Record Profit, Boosts AI Chip Revenue Outlook

10/18/2025

Summary

TSMC Reports Record Profit

Taiwan Semiconductor Manufacturing Company (TSMC) reported a record third-quarter profit of NT$452.3 billion ($14.8 billion) in 2023, a 39% increase from the previous year, driven by strong demand for AI and 5G chips.
TSMC raised its 2025 revenue growth forecast to the mid-30% range, marking its second increase this year.
CEO C.C. Wei stated that AI demand is expected to double TSMC's AI-related chip revenue by 2025.
Despite geopolitical challenges, TSMC plans to invest $40 billion in capacity expansion and analysts have raised their price targets significantly.

Summary

Nvidia Earnings Anticipation

Nvidia is set to report earnings on November 19, as investors seek AI insights.
Nvidia's AI business generated $130 billion in revenue last year, up from $27 billion two years earlier.
Taiwan Semiconductor Manufacturing Company (TSMC) is Nvidia's manufacturing partner and reported a 39% profit increase and a 30% revenue rise, signaling strong demand.
Analysts remain bullish, many recommending Nvidia as a buy, anticipating a surge to $320.

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TSMC Reports Record Profit

Taiwan Semiconductor Manufacturing Company (TSMC) reported a record third-quarter profit of NT$452.3 billion ($14.8 billion) in 2023, a 39% increase from the previous year, driven by strong demand for AI and 5G chips.
TSMC raised its 2025 revenue growth forecast to the mid-30% range, marking its second increase this year.
CEO C.C. Wei stated that AI demand is expected to double TSMC's AI-related chip revenue by 2025.
Despite geopolitical challenges, TSMC plans to invest $40 billion in capacity expansion and analysts have raised their price targets significantly.

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