Company
CNBC reports that TSMC achieved a record financial quarter while facing significant manufacturing capacity constraints, resulting in intense competition among key clients including Nvidia, Apple, Broadcom, and AMD to secure semiconductor production allocations.
Taiwan Semiconductor Manufacturing Co. (TSMC) announced plans to build an additional 3-nanometer chip fabrication plant in Tainan, Taiwan, with production scheduled for the first half of 2028. The company is expanding capacity to accommodate growing orders for artificial intelligence processors.
CNBC reports that TSMC posted record quarterly profit for a sixth consecutive quarter, exceeding analyst estimates. The company's third-quarter earnings growth was driven by continued strong demand linked to the artificial intelligence boom, though specific financial figures were not detailed in the excerpt.
CNBC reports that TSMC achieved a year-over-year surge in September sales, recording net revenue of 511.86 billion New Taiwan dollars. Claims are as reported; this summary makes no determination about accuracy or significance.
