The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025.
Ann Wang | Reuters
Taiwan Semiconductor Manufacturing Company on Thursday reported a 39.1% increase in third-quarter profit from last year, hitting a fresh record as demand for artificial intelligence chips stayed strong.
Here are the company's results versus LSEG SmartEstimates:
- Revenue: NT$989.92 billion new Taiwan dollars, vs. NT$977.46 billion expected
- Net income: NT$452.3 billion, vs. NT$417.69 billion
TSMC's revenue in the September quarter rose 30.3% from a year ago to NT$989.92 billion, beating estimates.
TSMC's high-performance computing division, which encompasses artificial intelligence and 5G applications, drove third-quarter sales.
As Asia's largest technology company by market capitalization, TSMC has benefited from the artificial-intelligence megatrend as it manufactures advanced AI processors for clients, including Nvidia and Apple.
TSMC said advanced chips, with sizes 7-nanometer or smaller, accounted for 74% of TSMC's total wafer revenue in the quarter.
In semiconductor technology, smaller nanometer sizes signify more compact transistor designs, which lead to greater processing power and efficiency.
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