TSMC Q3 profit expected to set record on AI spending boom

TAIPEI (Reuters) -TSMC, the world's largest manufacturer of advanced artificial intelligence chips, is set to post a 28% jump in third-quarter profit to reach a record high due to surging demand for AI infrastructure, though U.S. tariffs may complicate its outlook. Taiwan Semiconductor Manufacturing Co, the world's biggest contract chipmaker and a key supplier to Nvidia and Apple, is likely to report a net profit of T$417.7 billion ($13.65 billion) for the three months through September 30, showed an LSEG SmartEstimate compiled from 20 analysts. SmartEstimates place greater weight on forecasts from analysts who are more consistently accurate. TSMC has already flagged a market-forecast-beating rise in third-quarter revenue of 30%. Any profit result above T$398.3 billion would be the chipmak