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, its sixth consecutive quarterly record, as demand for AI chipmaking capacity remains strong. Its earnings call is scheduled for Thursday at 0600 GMT.
1. Profit forecast
Analysts expect Taiwan Semiconductor Manufacturing Co (TSMC) to report third-quarter net profit of T$746.3 billion ($23.4 billion), up 65% year on year. That would mark its sixth consecutive quarter of record earnings and, if profit exceeds T$706.56 billion, its 11th consecutive quarter of profit growth.
2. AI demand and investment
Analysts say demand for TSMC’s AI chipmaking capacity and CoWoS advanced packaging remains strong. The company reported a 50% year-on-year rise in third-quarter revenue last week, beating market forecasts, and raised its 2025 capital expenditure forecast in July to $60 billion-$64 billion. Its earnings call, where it is expected to provide fourth-quarter and updated full-year guidance, is scheduled for Thursday at 0600 GMT.
