Taiwan/Economy/TSMC reports record profits and plans major spending on AI chips

TSMC reports record profits and plans major spending on AI chips

Jan 15, 20267 sources

Summary

TSMC reported a 35% jump in quarterly profit to a record high, beating expectations. The world's biggest chipmaker announced plans to significantly boost capital spending as demand for AI chips surges, with more US factories flagged. The news signals continued momentum in the AI boom and boosted related companies like ASML.

by WorldBrief & Maksim Micheliov | AI-generated summary

Source Headlines

7 headlines from 5 publishers

ASML tops $500 billion market cap as TSMC plans to spend more

Jan 15

TSMC smashes forecasts with record profit, flags more US factories

Jan 15

TSMC Q4 profit jumps 35% to record, beats expectations

Jan 15

Reuters →