in5points
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TSMC seen riding AI boom to fifth straight quarter of record profit

in5points
  1. TSMC is expected to report record earnings for the fifth straight quarter.

  2. The profit growth is driven by surging demand for AI chips and related spending.

  3. TSMC is the world's largest manufacturer of advanced AI chips.

  4. No specific financial figures are provided in the report.

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Thomson Reuters

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Wire service; widely cited for straight news.