TSMC Reports 54% Profit Surge Amid AI Boom, Beating Expectations

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, announced on Thursday a significant 54% increase in net profit for the third quarter, largely driven...

Foxconn Surpasses Estimates with Record Third-Quarter Revenue Amid AI Demand Surge

Taiwan’s Foxconn, the world’s largest contract electronics maker, has reported its highest-ever third-quarter revenue, driven by strong demand for artificial intelligence (AI) servers. The company, which...