Why profit Is Trending Today?

TSMC, a leading semiconductor manufacturer, reported a significant surge in its third-quarter 2025 results, driven by the growing demand for artificial intelligence (AI) technologies. The company's robust performance is not only fueling the AI megatrend but also powering the next generation of smartphones and accelerating innovation in the automotive industry.

Pictet Asset Management has launched new AI and clean-tech ETFs, bringing institutional megatrends to US investors. Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, has expressed bullish views on the AI megatrend, boosting confidence in the sector despite mixed chip stock performance. Pictet has joined the $13 trillion ETF race, focusing on megatrends. Meanwhile, Nestlé has announced plans to slash 16,000 jobs. TSMC has raised its revenue forecast, citing a strengthening AI megatrend and profits that have surpassed expectations.

Fast Retailing, the operator of the popular clothing brand Uniqlo, has reported record profits for the fourth consecutive year, despite facing US tariffs. The company's strong performance was driven by the growth of Uniqlo, with sales and operating margins increasing. Fast Retailing's president, Tadashi Yanai, has expressed confidence in the company's continued growth, predicting stronger profits and sales in the current fiscal year. However, the company has also forecast flat profits by 2026 due to the impact of US tariffs.

SK Hynix is developing 3GB GDDR7 memory modules, potentially enabling high-end graphics cards with up to 24GB VRAM, and has reported record Q2 earnings driven by Nvidia's AI demand, outperforming Samsung.

SK Hynix reported record-breaking Q2 profits driven by surging AI chip demand, particularly for GDDR7 and HBM4 memory. The company plans to boost investments in AI chip production, aiming to double high-end AI chip sales. Despite Samsung's HBM4 delay, SK Hynix strengthens its lead in AI memory.

Ocado's earnings report boosted investor confidence with improved cash flow and profitability.

Ocado's shares surged following a strong half-year performance, driven by its technology unit and a retail tie-up with Marks & Spencer. The company aims to achieve cash flow positivity by 2025/26.