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

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/APTaiwan Semiconductor Manufacturing Company just reported a 54% rise in third-quarter net profit.TSMC's growth was driven by strong demand for artificial intelligence technology.But the market is questioning whether the euphoria over AI and AI chips is sustainable.Chip giant Taiwan Semiconductor Manufacturing Company just reported strong growth, thanks to continued enthusiasm for artificial intelligence — even amid persistent questions over the return on investment from the technology.TSMC, the world's largest contract chipmaker, reported a forecast-beating 54% rise in third-quarter net profit to a record 325.3 billion New Taiwan Dollars, or $10.1 billion.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News