A diagram of a semiconductor wafer at the TSMC Innovation Museum in Hsinchu, Taiwan, on January 11, 2022.
Zheng Yihua | Bloomberg | Getty Images
British Semiconductor Reporting a 54% increase in net profit on Thursday, global chip manufacturers continue to benefit from demand driven by artificial intelligence applications.
The company’s net profit for the July-September quarter was NT$352.3 billion (US$10.1 billion), exceeding the NT$300.2 billion estimate cited by Reuters, citing LSEG.
TSMC is the world’s largest advanced chip manufacturer, serving customers including apple and NVIDIA.
This breaking news story is being updated.
