TAIPEI, Oct 16 (Reuters) - TSMC, the world's largest
contract chipmaker, posted a 39.1% jump in third-quarter net
profit on Thursday, beating market forecasts and hitting a
record as it benefited from surging demand for semiconductors
used in artificial intelligence applications.
Taiwan Semiconductor Manufacturing Co ( TSM ) ,
whose customers include Nvidia ( NVDA ) and Apple ( AAPL ), saw
July-September net profit rise to T$452.3 billion ($14.76
billion).
The profit handily beat a T$417.7 billion LSEG
SmartEstimate, which is weighted toward forecasts from analysts
who are more consistently accurate.
($1 = 30.6390 Taiwan dollars)
(Reporting by Wen-Yee Lee, Faith Hung and Ben Blanchard;
Editing by Muralikumar Anantharaman)