TSMC Is Running Ahead Of Forecasts On AI Growth

TSMC Ahead of Forecasts on AI Growth

Taiwan Semiconductor Manufacturing Co, the world's largest chip foundry, reports its AI-related sales are running ahead of schedule.

However, the company has not disclosed specific details on the extent of the growth or changes to its long-term outlook through 2029.

During the third quarter, ended in September, the company's top and bottom line results were revealed, indicating a positive trend.

The company is not talking specifically about by how much and if the long-range picture out through 2029 has changed all that much.

Author's summary: TSMC reports AI sales growth ahead of schedule.

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