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Thursday, 15 October 2026

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The AI Boom Is Delivering Record Profits. Investors Are Starting to Question the Price.

TSMC's soaring profits contrast with falling AI shares, highlighting the growing gap between extraordinary business performance and market expectations.

By Katherine (Kay)3 min read

Taiwan, Taipei, 15 October 2026 – Artificial intelligence is generating enormous business opportunities. But strong profits are no longer enough to keep every investor convinced.

On 15 October, Taiwan Semiconductor Manufacturing Company (TSMC) reported a 69% year-on-year increase in third-quarter net profit, reaching NT$763.1 billion.

The results reflected sustained demand for advanced chips used in AI computing infrastructure.

Yet technology stocks across Asia were under pressure. South Korea’s KOSPI fell by around 8%, while semiconductor shares faced selling amid concerns about valuations, inflation and the sustainability of AI-related investment.

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Author

  • Kay like to explores the intersection of money, power, and the curious humans behind them. With a flair for storytelling and a soft spot for market drama, she brings a fresh and sharp voice to Southeast Asia’s business scene.
    Her work blends analysis with narrative, turning headlines into human stories that cut through the noise. Whether unpacking boardroom maneuvers, policy shifts, or the personalities shaping regional markets, Kay offers readers a perspective that is both insightful and relatable — always with a touch of wit.