SynopsisTaiwan Semiconductor Manufacturing Co. is expected to report another record quarterly profit. Robust global demand for artificial intelligence infrastructure continues to fuel advanced semiconductor orders. Analysts anticipate a significant year-on-year jump in net profit for the April-June quarter. This sustained momentum underscores the ongoing strength in AI-driven semiconductor demand. TSMC's market value has surged, making it Asia's most valuable listed company.ANIThe earnings are being supported by strong customer demand for TSMC's cutting-edge 3-nanometre and 2-nanometre manufacturing technologies, widely used in AI processors.Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, is expected to report another record quarterly profit on Thursday, extending its earnings growth streak as robust global demand for artificial intelligence (AI) infrastructure continues to fuel advanced semiconductor orders.According to a Reuters report, analysts expect TSMC's net profit for the April-June quarter to jump nearly 59% year-on-year to T$632.6 billion ($19.65 billion), based on an LSEG SmartEstimate compiled from 18 analysts. The estimate reflects greater weight given to forecasts from analysts with stronger historical accuracy.If the company reports earnings above NT$572.5 billion, it would mark TSMC's highest-ever quarterly net income and its 10th consecutive quarter of profit growth, underscoring the sustained momentum in AI-driven semiconductor demand.The earnings are being supported by strong customer demand for TSMC's cutting-edge 3-nanometre and 2-nanometre manufacturing technologies, widely used in AI processors. Demand also remains robust for the company's advanced CoWoS (Chip-on-Wafer-on-Substrate) packaging technology, which is critical for high-performance AI chips.TSMC has emerged as one of the biggest beneficiaries of the AI boom, serving as a key manufacturing partner for major technology companies including Nvidia and Apple. The surge in AI-related chip demand has lifted the company's market value to around $1.95 trillion, making it Asia's most valuable listed company and nearly doubling the market capitalisation of South Korean rival Samsung Electronics.Earlier this week, TSMC reported a 36% increase in second-quarter revenue, surpassing market expectations and setting a new quarterly record. The strong sales performance has further strengthened expectations of another robust earnings report.According to Reuters, investors will closely watch the company's earnings call scheduled for 0600 GMT, where management is expected to provide guidance for the third quarter and update its full-year outlook.Market participants broadly expect TSMC to raise its full-year revenue growth forecast, reflecting continued strength in AI-related demand. Analysts will also monitor whether the company increases its planned capital expenditure, which is viewed as a key indicator of management's confidence in the longevity of the AI investment cycle.During its previous earnings announcement in April, TSMC had indicated that its 2026 capital expenditure would likely come in at the upper end of its earlier guidance range of $52 billion to $56 billion.The company is also pressing ahead with its global manufacturing expansion, including a $165 billion investment to build semiconductor fabrication facilities in Arizona, United States, as it seeks to diversify production and meet growing customer demand.TSMC's shares listed in Taipei have risen 57.4% so far this year, broadly matching gains in the wider Taiwanese equity market, reflecting investor optimism over the company's dominant position in the rapidly expanding AI semiconductor industry.Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless(You can now subscribe to our ETMarkets WhatsApp channel)Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless