TSMC's solid results bode well for one of its largest customers, which currently dominates the market for AI chips.

Taiwan Semiconductor Manufacturing Company (TSMC) said on Tuesday it has informed the United States of a potential attempt by Huawei to circumvent U.S. export controls prohibiting the chipmaker from producing AI chips for the Chinese company.

The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.

TSMC, the world's largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a forecast-beating 54% jump in quarterly profit driven by soaring demand for chips used in artificial intelligence (AI).

TSMC's blockbuster results should be a welcome surprise to investors after ASML's earnings sent semiconductor stocks tumbling earlier this week.

Taiwan Semiconductor Manufacturing Company (TSMC) said it has informed the United States of a potential attempt to have it manufacture AI chips for China's Huawei in circumvention of export controls,

TSMC and other chipmakers are barred from doing business with Huawei without exemptions from the US government.

TSMC’s discovery raises questions about how Huawei, considered China’s best hope of ascending the semiconductor industry, acquired advanced chips.

We recently published a list of Top 10 Trending AI Stocks in Q4. In this article, we are going to take a look at where Taiwan Semiconductor Mfg. Co.

Taiwan Semiconductor's AI growth trajectory remains strong, despite potential risks, making the stock attractive. Click for this TSM stock's earnings update.