Tuesday, October 20, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

TSMC expects record profit for sixth consecutive quarter amid AI boom

TSMC expects record profit for sixth consecutive quarter amid AI boom

Photo: Crypto Briefing

Q3 revenue hit NT$1.49 trillion, and the world's largest contract chipmaker is on track for another record quarterly profit Taiwan Semiconductor Manufacturing Co. is expected to post its sixth straight quarter of record profit. The engine behind it is familiar: relentless demand for chips that power artificial intelligence. TSMC, the world’s leading contract chipmaker, reported third-quarter 2026 revenue of NT$1.49 trillion, or approximately $46.71 billion. That is a 50% increase compared with the same period a year earlier. The figure cleared the company’s own bar.

Source: Crypto Briefing

Latest in Crypto Today

All Crypto Today stories