TSMC Reports 23% Profit Increase for Q2 Exceeding Estimates
Taiwan Semiconductor Manufacturing Co (TSMC) reported a second-quarter profit increase of 23.4%, surpassing estimates, driven by strong demand in high-end chip manufacturing. Revenue reached NT$1.27 trillion ($39.45 billion), up from the expected NT$1.264 trillion.
Topics: ai_chips revenue_growth semiconductors