The $15.7 trillion AI revolution is rapidly materializing, and TSMC just provided tangible proof with blowout Q3 results. The chip giant's net income skyrocketed 54% to $10.1 billion, driven by "strong AI-related demand" for its cutting-edge chips.
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"The demand for AI is real. We've experienced the deepest and widest AI growth of anyone," stated TSMC's chairman, revealing they're already collaborating with "almost every AI innovator." The firm expects a further 35% revenue spike in Q4 to $26.9 billion.
What Tech Investors Can Do to Capitalize
As the world's preeminent semiconductor maker supplying Apple and Nvidia, TSMC sits at the nexus of the global AI arms race. Its $65 billion U.S. factory investment underscores its crucial role in whichever nation leads AI.
While skeptics question AI's longevity, TSMC's results put hard numbers to the boom's upside. In contrast, ASML's gloomier forecast stoked fresh doubts.
However, one trusted research firm warns dismissing milestones like TSMC's could mean catastrophically missing out. They've identified key under-the-radar AI plays to flourish alongside TSMC, including:
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• The "Make or Break" semi firm fueling disruption beyond ChatGPT
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Missing this AI frontier could mean "bankruptcy," warns one expert. But for bold investors, it represents an unprecedented wealth creation era - if they move decisively before the rapidly closing window slams shut.
Putting Hard Numbers to the Opportunity:
• TSMC Q3 profit: $10.1B (up 54%)
• Q3 revenue: $23.5B (up 36%)
• Projected Q4 revenue: Up to $26.9B (up 35%)
• 2023 capex: Approaching $30B
The modern-day AI gold rush is on. Will tech investors seize their claim before it's too late?
Hurry… Elon Musk has promised that he “will share more information [about this A.I. project] over the next couple of weeks.”
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