Q2, TSMC
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TSMC posts record quarterly profit on AI demand
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Taiwan Semiconductor Manufacturing Co. on Thursday boosted its full-year revenue growth projections, as strong AI demand continues to fuel results at the world’s largest contract chip maker.
TSMC’s move underscores resilient demand for high-end chips from the likes of Nvidia, despite earlier doubts brought by China’s DeepSeek.
Taiwan Semiconductor Manufacturing, known as TSMC, reported a 61% rise in quarterly profit as it benefits from demand for artificial-intelligence processors.