TSMC's profit jumps 68.7% and it guides Q4 higher
TSMC's third-quarter net income rose 68.7% to NT$763.06 billion, and it guided fourth-quarter revenue to $52.3 to $54.3 billion. Whatever is rattling AI investors, the foundry is guiding up.
Definition
Tokens per second is Tokens per second is the speed measure for AI text generation: how many tokens a model produces each second, which sets how fast an answer appears on your screen.
Tokens per second, often written tok/s or TPS, tells you how quickly an AI model writes its output. Since a token is a chunk of text, roughly three quarters of an English word, a model running at 50 tokens per second writes a few dozen words every second.
The number usually refers to the model's output speed once it starts answering. This is the "decode" stage described in prefill and decode. It is different from the wait before the first word appears, which is called time to first token and depends mostly on how long your prompt is.
So two speeds matter:
A system can be quick to start and slow to finish, or the reverse. Always ask which one a claim refers to.
Several things set the speed:
For reading a chat answer, anything faster than you read feels instant, and a few dozen tokens per second is plenty. For agents and reasoning models, speed matters more, because they may write thousands of hidden tokens before they answer. A slow model turns a one-minute task into a ten-minute one.
It also affects cost. Providers often charge per token, so a model that generates more tokens costs more, even if each one is cheap. A reasoning model that thinks at length can use many times the tokens of one that answers directly.
When a vendor or reviewer quotes a speed, check the model, the precision, the length of the prompt and the hardware. A figure for a small model says nothing about a large one. For local AI, wait for independent tests on the exact model you plan to run.
For reading a chat reply, around 20 to 30 tokens per second keeps pace with most people. Agents and reasoning models benefit from much faster speeds.
Time to first token is the wait before the answer starts. Tokens per second is how fast the answer streams once it begins.
TSMC's third-quarter net income rose 68.7% to NT$763.06 billion, and it guided fourth-quarter revenue to $52.3 to $54.3 billion. Whatever is rattling AI investors, the foundry is guiding up.
MiniMax released M3.1 Flash at $0.15 per million input tokens, and Artificial Analysis ranks it fourth of 173 models on its Intelligence Index. VentureBeat reports a 93% hallucination rate when it misses, so use it where wrong answers get caught.
Apple's new MacBook Pro with M5 Pro or M5 Max adds a touch OLED screen and up to 128GB of memory, from $2,899, shipping Nov. 6. Apple says M5 Max runs models with hundreds of billions of parameters locally but gives no speeds, so wait for real numbers.
Vercel's October AI Gateway index says open-weight models handled more than seven in ten tokens in September and nearly one in four dollars, up from one in twenty in June. Cheap models do the volume now, and nobody is loyal.
TypeSafe AI raised $870M at a $7.5B valuation for Jev, its decision model. Cloudflare answered with open-weight Clef-omni and a Clef-flash price cut to $0.038 per million input tokens, and a category this young just got a price war.