09 Oct 2025 | 5 Mins Read
TSMC sees increased sales on sustained AI demand
Flipitmoney
Taiwan Semiconductor Manufacturing Co. reported a 30% increase in third-quarter sales, totaling NT$989.9 billion ($32.5 billion), exceeding analysts' expectations of NT$962.8 billion. Major US tech companies, including Nvidia and Apple, are driving demand for AI chips, contributing to the company's profits. Shares have gained over 30% this year amid "AI euphoria."