Tsmc

TSMC reported a record third-quarter net profit of 763.1 billion new Taiwan dollars, surging 68.7% year-on-year amid insatiable global demand for AI chips and robust operating margins.

Intel's stock rally faces headwinds as Elon Musk's Terafab project reportedly holds talks with TSMC. The venture threatens Intel's exclusive manufacturing role as immense AI and robotics demands reshape the semiconductor market.