TSMC's Q3 and future prospects in the AI market, despite challenges, shows promising growth and margin potential. Click for our TSM earnings update.

Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple and Nvidia supplier, saw July-September net profit rise to T$325.3 billion ($10.11 billion) from T$211 billion a year earlier.

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).