Financial Performance and Future Outlook
announced a net profit of 352.3 billion Taiwanese dollars ($10.1bn) for Q3, marking a 54.2% increase from the previous year and surpassing market expectations.
The company forecasts a nearly 30% growth in full-year revenue, driven by strong demand for its advanced 3 nm and 5 nm technologies, particularly in AI and smartphone applications.
Strategic Expansion and Geopolitical Tensions
TSMC plans to diversify its production globally, with fabrication plants under construction in the US and a new facility in , aiming to mitigate risks from geopolitical tensions.
Amidst heightened US-China tensions and recent military exercises by around , TSMC's strategic expansions are seen as efforts to secure its supply chain and maintain its leadership in the semiconductor industry.