On Oct. 16, 2025, Taiwan Semiconductor Manufacturing Co. (TSM) or TSMC reported a 39.1% year-over-year increase in third-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips remained healthy. TSMC also boosted its 2025 revenue growth outlook for the second time this year.TSMC, which is the supplier of advanced AI processors to Apple Inc. and Nvidia Corp., now expects its annual sales to grow in the mid-30% range, a few percentage points higher than its pre ...