TSMC’s AI-Fueled Rally: Stock Hits Record High, Earnings Soar Amid Global Chip Race
Breaking out: Taiwan’s TSMC has ridden a wave of AI demand to record results. The company’s stock and revenues are surging as it churns out advanced chips for customers like Nvidia and Applebloomberg.comreuters.com. Q3 sales (~$32.5B) beat estimates, and management expects ~30% growth for all of 2025ts2.tech. “We have fully booked production lines in the U.S. for the next three years,” CEO C.C. Wei told reporters, even as he vowed to keep investing heavily at home (“continue to build [fabs] in Taiwan because it is still not enough”reuters.com). Industry analysts note TSMC’s unique position: IDC’s Mario Morales says “TSMC will