TSMC Exceeds Expectations – AI Boom Drives Record Figures and new Forecasts

The Taiwanese chip giant TSMC (Taiwan Semiconductor Manufacturing Company) has clearly surpassed analysts' forecasts with a dramatic profit increase in Q2. Driven by the unbroken strong demand for AI semiconductors, the company reported new record figures and significantly raised its expectations for the entire year. Quarterly figures exceed expectations According to the published balance sheet, TSMC increased its net profit in Q2 to approximately $13.5 billion – a rise of about 60% compared to the previous year. Revenue also exceeded already...