TSMC expected to report sixth straight quarter of record profit thanks to AI boom
TSM•TSMC is expected to report third-quarter net profit up 65% to T$746.3 billion, which would mark its sixth straight quarterly record. Third-quarter revenue rose 50% year over year to a record, the company said.
1. Profit forecast
Analysts expect Taiwan Semiconductor Manufacturing Co (TSMC) to report third-quarter net profit of T$746.3 billion, up 65% year over year. A result above T$706.56 billion would be the company’s highest-ever quarterly net income and its 11th consecutive quarter of profit growth. TSMC said third-quarter revenue rose 50% to a new record.
2. Expansion plans
Analysts cite demand for TSMC’s AI chipmaking capacity and CoWoS advanced packaging technology. The company is investing $265 billion in chip factories in Arizona, including an additional $100 billion announced in July, and is reportedly evaluating a potential Texas investment. TSMC raised its 2025 capital expenditure forecast in July to $60 billion-$64 billion, from a previous range of $52 billion-$56 billion.
