TSMC Earnings Beat Estimates. What That Says About an AI Bubble.
1. TSMC reported a record net profit, raising revenue guidance due to AI strength. 2. The company anticipates 30%-40% annual revenue growth, driven by AI chip demand. 3. AI-related revenue is expected to double by 2025 with mid-40% growth rates. 4. TSMC remains confident in multiyear semiconductor demand, dismissing bubble concerns. 5. Net profit rose 39% year-over-year, exceeding analyst expectations.