TSMC, the world’s largest manufacturer of advanced artificial intelligence chips, is expected to post a 27% jump in fourth-quarter net profit to a record due to the seemingly insatiable demand for AI infrastructure. Taiwan Semiconductor Manufacturing Co, the world’s top contract chipmaker and a key supplier to Nvidia and Apple, is forecast to report a net profit of T$475.2 billion ($15.02 billion) for the three months through December 31, according to an LSEG SmartEstimate compiled from 19 analysts. TSMC, Asia’s most valuable listed company with a market capitalisation of around $1.38 trillion – more than twice that of South Korean rival Samsung Electronics – is due to report on Thursday and will provide first-quarter and full-year guidance in an earnings call scheduled for 0600 GMT.
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