TSMC set to report strong profit driven by AI boom

TSMC is set to report a net profit of T$300.1 billion ($9.33 billion) for the quarter ended Sept. 30, according to an LSEG SmartEstimate drawn from 23 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate. That estimate compares to the 2023 third-quarter net profit of T$211 billion.
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