TSMC Logs Sixth Straight Record Profit as Rocket Lab Slides 10%

Taiwan Semiconductor Manufacturing (TSMC) reported its sixth straight quarter of record profit, according to coverage of its latest results. The chipmaker's run underscores how demand tied to artificial intelligence hardware has kept its core business expanding even as broader tech sentiment grows choppier. That same session, Rocket Lab shares dropped 10%, a reminder that gains in one corner of technology aren't spreading evenly. A separate analysis of TSMC's quarter argued the market's recent nervousness about an "AI panic" is overstating the risk to chip demand, pointing instead to the company's unbroken run of record results as evidence the underlying business remains healthy. What's unresolved is whether TSMC can extend the streak into a seventh quarter, and whether capital spending plans from its largest AI customers hold up if chip orders start to normalize.