Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest producer of advanced AI chips and a key supplier to Nvidia and Apple, is expected to report a 50% surge in net profit for the first quarter of 2025, which would mark its fourth consecutive record-breaking quarter. Analysts forecast a net profit of approximately $17.23 billion, fuelled by demand for its cutting-edge 3-nanometre chip technology and advanced packaging that continues to exceed production capacity. The results underscore TSMC's dominance in the global semiconductor industry, with the Taipei-based company now valued at around $1.68 trillion — nearly double that of South Korean rival Samsung Electronics.