TSMC profit surge shows how AI demand reshapes global chip supply chains

Core Insights - Taiwan Semiconductor Manufacturing Co. (TSMC) has reported a significant increase in quarterly profit, highlighting the transformative impact of artificial intelligence (AI) on global chip supply chains [1] Financial Performance - TSMC's quarterly profit has sharply risen, indicating strong demand for semiconductors driven by AI applications [1] Industry Dynamics - The rise in TSMC's profits underscores how AI is reshaping the dynamics of the semiconductor industry, affecting supply chains globally [1]