Chip giant TSMC forecast to lift Q4 profit 27% as AI server and smartphone orders surge

TSMC is set to post a sharp jump in fourth-quarter profit as demand for artificial intelligence hardware keeps running hot and smartphone orders stay heavy. Analysts expect net income to rise 27% from a year earlier, pushing results to a new quarterly record. TSMC, which of course remains the world’s largest contract chipmaker, is predicted […] source: https://www.cryptopolitan.com/chip-giant-tsmc-forecast-lifts-q4-profit-27/