TSMC’s third-quarter profit rose 69%, and its newest process grew from 3% to 8% of wafer revenue. Chip shares have fallen and supply remains tight, but strong AI demand and the results point to a stronger business outlook.
The report points to customers taking up TSMC’s newest chip process and needing more chips than the company can supply. Its sales forecast also points to continued demand. Tight packaging and chip-making capacity may limit how much it can deliver, but the story ties unchanged investment spending to equipment ordered months earlier, not weaker demand.
Applied Materials is mentioned because Steve Williams worked there for more than 25 years. The story gives no new results or orders for the company, so it does not change its business outlook.
ASML said its planned supply will not fully meet customer demand in 2027 or 2028. More orders support its business, but the supply limit could keep it from meeting them, so the story points both ways.
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