Lip-Bu Tan
American businessman
Photo: United States Department of Commerce, Public domain (Wikimedia Commons, cropped)
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- Oct 15
TSMC posts sixth straight record quarterly profit on AI chip demand
Taiwan Semiconductor Manufacturing Co. reported net profit of NT$763.1 billion for July to September, up about 69 percent from a year earlier and above analyst forecasts. The company also guided fourth-quarter revenue to $52.3 billion to $54.3 billion.
- Jul 23
Intel posts 25% revenue jump, beats Q3 forecast; capex raised to $20bn on AI boom
The chipmaker reported its fastest revenue growth in 15 years and raised its capital spending forecast by $2 billion, driven by surging demand for data center CPUs from agentic AI applications.
