TSMC beats forecasts to post record quarterly profit of $13.5 billion
Taiwan
TAIPEI :TSMC, the world's main producer of advanced AI chips, posted record profit in the second quarter with forecast-beating growth of 60 per cent, and noted that demand for artificial intelligence was getting stronger and stronger. It said it expects another robust leap in revenue for the third quarter but it was cautious about the outlook for later in the year, citing the unknown impact of U.S. tariffs and other uncertainties. Taiwan Semiconductor Manufacturing Co said net profit for April-
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