
TSMC stock soars as AI-driven earnings beat has ‘no end in sight’
TSMC logo at the 2023 World Semiconductor Conference in Nanjing, China.Photo: VCG (Getty Images) In This Story Taiwan Semiconductor Manufacturing Company (TSM) (TSMC), the world’s largest chipmaker, saw its profits soar 54% in the third quarter, driven by continued demand for its artificial intelligence-capable chips. The next president will face a debt problem that could…