With AI demand driving TSMC's Q3 earnings to US$23.6 billion, the world's leading chipmaker believes demand for artificial intelligence technology is only just beginning.
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00:00Chip giant TSMC is predicting continued strong performance supported by growing demand for
00:05AI technology.
00:07The company reported US$23.6 billion in revenue for the third quarter of the year, marking
00:14a 39 percent year-on-year increase.
00:17It expects similar revenue to close out the year.
00:21In an earnings call on Thursday, company CEO C.C. Wei said demand for AI is in its early
00:27and he expects revenue from AI products to more than triple this year.