TSMC's net profit for Q3 is expected to increase by 65% to 746.3 billion New Taiwan dollars.

The world's largest advanced AI chip foundry, TSMC, will release its third-quarter financial report on Thursday. Industry analysts widely predict that, driven by the AI boom, TSMC is expected to achieve a record profit for the sixth consecutive quarter. According to LSEG SmartEstimate, which compiles forecasts from 16 analysts, TSMC's third-quarter net profit is expected to surge by 65% year-on-year to NT$746.3 billion (approximately $23.4 billion). If net profit surpasses NT$706.56 billion, it will once again set a new record for the company's single-quarter net profit and mark the eleventh consecutive quarter of profit growth. Last Thursday, preliminary data released by TSMC showed that its third-quarter revenue reached NT$1.49 trillion (about $46.7 billion), up 51% year-on-year, exceeding market expectations and setting a new record high.