TSMC Reports 38.6% Year-on-Year Sales Increase for Q2, Exceeding Expectations

Reported 1 day ago

TSMC, the leading global chipmaker, announced a remarkable 38.6% increase in second-quarter sales, reaching T$933.80 billion ($31.9 billion), driven by heightened demand for its products in artificial intelligence. This revenue figure surpassed analysts' forecasts and the predictions issued by TSMC earlier in the year, setting a solid foundation ahead of the upcoming full earnings report.

Source: YAHOO

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