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TSMC reported strong second-quarter results on Thursday, with revenue reaching NT$933.79 billion ($29.1 billion), up 38.6% year-on-year. Net profit surged 60.7% year-on-year to NT$398.27 billion ($12.4 billion), driven by robust demand for AI and high-performance computing (HPC), which now accounts for 60% of its business, according to the company…
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TSMC posts 60.7% y-o-y jump in Q2 profit, CEO calls H20 chip resumption a positive sign
TSMC reported strong second-quarter results on Thursday, with revenue reaching NT$933.79 billion ($29.1 billion), up 38.6% year-on-year. Net profit surged 60.7% year-on-year to NT$398.27 billion ($12.4 billion), driven by robust demand for AI and high-performance computing (HPC), which now accounts for 60% of its business, according to the company…