TSMC, the world’s largest maker of advanced AI chips, is expected to report a record 27% rise in fourth quarter profit due to very strong demand for AI technology. Analysts predict the company earned about $15 billion in profit as sales were boosted by high demand for AI servers and Apple’s latest iPhone chips. TSMC has also seen strong growth from its advanced chip technology and is expected to continue growing in the coming years. The company’s shares rose sharply last year, reflecting investor confidence in its leading role in the global AI chip market.
TSMC Q4 Profit Poised to Soar 27% as AI Demand Drives Growth
