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TSMC posts forecast-beating profit amid soaring demand for AI chips (www.aljazeera.com)

submitted 2 months ago by geneva_convenience@lemmy.ml to c/technology@lemmy.ml

3 comments fedilink hide all child comments

Taiwan Semiconductor Manufacturing Company has announced a forecast-busting quarterly profit amid surging demand for chips used to power artificial intelligence.

TSMC, the world’s largest contract chipmaker, reported a net profit of 352.3 billion Taiwanese dollars ($10.1bn) for the third quarter, up 54.2 percent from the same period last year.

The figure marked the firm’s best-ever quarterly performance and was comfortably ahead of market estimates.

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[–] geneva_convenience@lemmy.ml 3 points 2 months ago (1 children)

Why is TSMC growing but ASML shrinking?

[–] wewbull@feddit.uk 7 points 2 months ago

Probably because although there are fabs going up around the world (USA and Europe) TSMC Taiwan seem to hold the latest technology nodes, and aren't they interested in growing capacity. They seem to like having the high end expensive limited process. All the other fabs are coming up with processes 2 or 3 generations back. (5 or 7, not 2 or 3).

All means that although there's a market for the optics, it's not the bleeding edge stuff.