TSMC Earnings Are Coming. AI Chip Demand and U.S. Export Curbs Are in Focus.

Taiwan Semiconductor Manufacturing is set to report a surge in quarterly profit on the back of demand for artificial-intelligence hardware. It is expected to post a 55% rise in net profit to 370.64 billion New Taiwan dollars ($11.24 billion) for the quarter, according to the consensus estimate of 26 analysts in a FactSet poll. TMSC’s December-quarter revenue came to 868.5 billion New Taiwan dollars or $26.35 billion, based on its monthly figures.