Wire flash
Analysts expect TSMC Q3 net profit up 65% to NT$746.3bn, a sixth straight record quarter
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
Analysts forecast that TSMC will report a record quarterly profit for the sixth consecutive quarter on Thursday, driven by strong infrastructure spending in the technology sector. They expect third-quarter net profit to rise 65% year-on-year to NT$746.3 billion (about $23.4 billion). The analysts cited continued strong market demand for TSMC's AI chip manufacturing capacity and its advanced CoWoS packaging technology. If net profit exceeds NT$706.56 billion, it would mark a record high for the company's single-quarter net profit and an 11th straight quarter of profit growth.
Source report
October 15 — Analysts predict that TSMC (TSM.N) will report record earnings for a sixth consecutive quarter on Thursday, driven by a surge in infrastructure spending across the technology sector.
Key Projections
- Net profit forecast: NT$746.3 billion (approximately US$23.4 billion) for the third quarter, representing a 65% year-on-year increase
- Record threshold: If net profit exceeds NT$706.56 billion, it would mark a new all-time quarterly high for the company and extend its profit growth streak to 11 consecutive quarters
Market Drivers
Analysts note that demand remains strong for TSMC's AI chip manufacturing capacity and its advanced packaging technology, CoWoS.
Source
domesticNeutral / independent
Part of this Story
TSMC Q3 Net Profit Jumps 69% to Record NT$763.1 Billion on AI Chip Demand