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Chip giant TSMC reports blockbuster results even as questions over AI mania loom

The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.

By: Business Insider

Nov 07 2024
2
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Chip giant TSMC reports blockbuster results even as questions over AI mania loom

Taiwan Semiconductor Manufacturing Company just reported a strong quarter.Chiang Ying-ying/AP

Taiwan Semiconductor Manufacturing Company just reported a 54% rise in third-quarter net profit.… [+4180 chars]

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What the roller coaster earnings at ASML and TSMC tell us about demand for AI chips