TSMC's solid results bode well for one of its largest customers, which currently dominates the market for AI chips.

Nvidia CEO Jensen Huang admitted Wednesday that Nvidia was 100% at fault for a design flaw in the company's new Blackwell AI chips. The flaw has been fixed and the chips are now in production.

Taiwan Semiconductor Manufacturing Company (TSMC) said on Tuesday it has informed the United States of a potential attempt by Huawei to circumvent U.S. export controls prohibiting the chipmaker from producing AI chips for the Chinese company.

The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.

TSMC, the world's largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a forecast-beating 54% jump in quarterly profit driven by soaring demand for chips used in artificial intelligence (AI).

Huawei's most advanced AI accelerator chip, the Ascend 910B, may have been manufactured by TSMC, a source familiar with the matter has disclosed to

TSMC's blockbuster results should be a welcome surprise to investors after ASML's earnings sent semiconductor stocks tumbling earlier this week.

Nvidia (NVDA) CEO Jensen Huang says a flaw in Blackwell AI chips that impacted production has been fixed with TSMC’s (TSM) help and the issue was “100% Nvidia’s fault,” Reuters’ Jacob Gronholt-Pedersen and Supantha Mukherjee report.

Taiwan Semiconductor Manufacturing Company (TSMC) said it has informed the United States of a potential attempt to have it manufacture AI chips for China's Huawei in circumvention of export controls,

Taiwan Semiconductor Manufacturing Company has reportedly informed the U.S. government about a potential attempt by Huawei to have it make artificial intelligence chips for the sanctioned Chinese tech giant.

The world’s largest contract chip maker maintained its growth momentum in the third quarter, with net profit jumping 54%.