TSMC posts record profit on AI boom, signals more US fabs

TAIPEI, Taiwan: A surge in demand for artificial intelligence chips has propelled TSMC to a record-breaking quarter, with the company reporting sharply higher profits, forecasting strong growth, and signaling plans to expand manufacturing in the United States further.

The world's leading producer of advanced AI chips said on January 15 that fourth-quarter profit jumped 35 percent to a record h