TSMC Smashes Earnings Records With 77.4% Profit Jump on AI Chip Rush

Stellar result comes as investors fret over sustainability of global buildout

Taiwan Semiconductor Manufacturing Co. has been one of the biggest winners from the AI investment boom. © Reuters

TAIPEI — Taiwan Semiconductor Manufacturing Co. posted a fresh record for quarterly profit on Thursday, with earnings climbing 77.4% year on year, as relentless global investment in AI infrastructure kept demand strong throughout the electronics supply chain.

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