TSMC profits surged 77% year-over-year on booming AI chip demand, with advanced nodes generating 77% of wafer revenue and implications for crypto compute.

TSMC reports record Q2 revenue fueled by AI demand, surpassing expectations with T$1.27 trillion in earnings.

TSMC achieved a record second-quarter revenue of T$1.27 trillion, marking a 36% year-on-year increase, fueled by growing interest in artificial intelligence applications.

Bringing Taiwan to the World and the World to Taiwan

Analysts said demand for Taiwan Semiconductor Manufacturing Co's (TSMC) 3-nanometre and 2-nanometre process technologies for AI chips, as well as for its advanced chip…

Taiwan Semiconductor Manufacturing Co. is expected to report another record quarterly profit. Robust global demand for artificial intelligence infrastructure continues to fuel…

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