Publisher: Maaal International Media Company
License: 465734
Thursday, 17 July 2025
TSMC’s second-quarter profits jump 61%, exceeding expectations
Taiwanese conglomerate TSMC’s second-quarter profits jumped 61%, exceeding market expectations.
According to a company statement, revenues rose 38.6% to NT$933.79 billion, driven primarily by strong demand for TSMC’s 3nm and 5nm chip technology, a key component of advanced AI processors.
TSMC is the world’s largest chipmaker and a key supplier to AI specialist Nvidia (NASDAQ:nvda) and other major AI server makers.
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