TSMC’s Q3 revenue easily beats market forecast amid rising AI demand
TSMC, the world’s largest contract chipmaker, reported on Wednesday third-quarter revenue that easily beat both the market and company’s own forecasts as it reaped the benefit from artificial intelligence (AI) demand.
Taiwan Semiconductor Manufacturing Co, whose customers include Apple and Nvidia, has been at the forefront of the march towards AI that has helped it weather the tapering off of pandemic-led demand.
