Taiwan Semiconductor earnings call: Confidence in the trend of artificial intelligence is "increasing," raising full-year capital expenditure to $40-42 billion

Wallstreetcn
2025.10.16 06:30
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Taiwan Semiconductor's Q3 financial report shows that net profit has reached a record high, with capital expenditure raised to $40-42 billion. CEO C.C. Wei stated that AI demand is strong, confidence in the AI trend has increased, and sales are expected to continue growing in 2025. Fourth-quarter sales are expected to be between $32.2-33.4 billion, with a gross margin between 59%-61%. The 2-nanometer process is expected to enter mass production in the later part of this quarter, and the A16 chip is expected to enter mass production in the second half of next year