TSMC just posted another record quarter. Q3 revenue up 51% YoY, profit up 69%, marking a sixth straight record. Advanced nodes at 7nm and below now account for 79% of wafer revenue.
AI demand is still driving the whole story. ASML raised guidance recently, and TSMC just delivered. The hardware side of the AI trade is still printing money at full speed.
How long can this keep going before the market starts demanding clearer ROI from the software side?
$Taiwan Semiconductor Manufacturing(TSM)$ $NVIDIA(NVDA)$ $ASML Holding NV(ASML)$ $Microsoft(MSFT)$
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