TSMC Record Q3: Profit Surge on AI Chip Demand

TSMC reported another record-breaking quarter driven by relentless demand for AI chips, with Q3 revenue surging 41% year-on-year to US$46.7 billion and net profit margins reaching an extraordinary 51%.

The Morning Run team breaks down TSMC’s latest earnings numbers.

The conversation examines the massive US$60 billion to US$64 billion capex budget, aggressive global expansion, and production bottlenecks, as well as what these developments mean for Malaysia's OSAT ecosystem. Plus, a look at the quiet cost behind TSMC's US expansion.

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.