Taiwan Semiconductor Manufacturing Company and Samsung Electronics report record quarterly revenues and profits, signalling robust and accelerating demand for artificial intelligence hardware amid ongoing industry expansion.
Taiwan Semiconductor Manufacturing Company has posted a record quarterly revenue figure, underscoring how strongly artificial intelligence demand is still feeding the chip industry. Bloomberg’s tally of the company’s monthly disclosures put TSMC’s third-quarter sales at about T$1.49 trillion, up 51% from a year earlier and ahead of market expectations. The result came as Samsung Electronics also reported record quarterly operating profit, reinforcing the view that the AI build-out remains a powerful driver of earnings across the semiconductor supply chain.
TSMC is widely treated as a bellwether for AI hardware demand because it manufactures chips for Nvidia, Apple and other major customers. According to the figures cited by Bloomberg, the company’s September revenue rose 55% from a year earlier, helping to lift third-quarter sales above analysts’ forecasts. Separate reporting from Investing.com said the group benefited from surging orders for advanced chips used in AI accelerators and data centres, while Foxconn also delivered stronger-than-expected quarterly sales this week, adding to evidence that AI infrastructure spending is still running hot.
Samsung’s preliminary third-quarter operating profit surged 782.5% from a year earlier to 107.4 trillion won, according to the company’s announcement. That made it the first South Korean company to report quarterly operating profit above 100 trillion won, and the firm said its operating margin reached a record 55.1%. Analysts cited by SamMobile said the jump was driven largely by memory-chip sales linked to AI demand, although they noted that Samsung’s foundry, mobile, television and appliance businesses remain under pressure.
The latest earnings also arrive against a more cautious backdrop for investors, who are weighing heavy capital spending, regulation and questions about the pace of AI adoption. Bloomberg said the strength of TSMC’s sales supports an optimistic demand outlook at a time when markets are sensitive to concerns over debt levels and delays in AI development. TSMC has already pledged major investment in its US manufacturing footprint, including a $65 billion plan for Arizona, and is said to be considering further expansion in Texas. Taiwanese media have also reported expectations that wafer prices could rise by 3% to 6% next year, suggesting the industry may still have pricing power if demand remains firm.
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