TSMC profit nears 40% for third quarter

MG News | October 16, 2025 at 12:57 PM GMT+05:00

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October 16, 2025 (MLN): Taiwan Semiconductor Manufacturing Company (TSMC) reported a forecast-busting record net profit for the third quarter, driven by skyrocketing demand for semiconductor chips used to power iPhones and artificial intelligence.

TSMC, the world's largest contract maker of chips, net profit for the three months to September soared 39.1% from a year ago to NT$452.3 billion (US$14.7bn), as reported by APP.

This was above expectations of NT$406.67bn, according to a Bloomberg News survey of analysts.

Third-quarter revenue was up 30%, higher than forecasts as well.

TSMC's profit follows a flare-up in trade tensions between Washington and Beijing, as well as concerns about US export restrictions to China and potential tariffs on chips, alongside China's recent curbs on rare earth exports.

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