TSMC forecasts Q4 revenue jump of up to 61% after record Q3 profit

TSMC reported record Q3 profit and forecast Q4 revenue growth of up to 61%, signaling strong demand for AI and high-performance computing chips. As the dominant contract chipmaker for AI accelerators, its outlook supports continued expansion of AI infrastructure that underpins crypto mining and blockchain hardware demand. Traders may view the guidance as a positive read-through for AI-linked crypto tokens and broader risk sentiment, though the direct price impact on major cryptocurrencies is likely limited.