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“TSMC second-quarter revenue jumps on AI boost, handily beats market forecasts”

TSMC, the world’s largest contract chipmaker, reported strong growth in second-quarter revenue on Wednesday that handily beat market forecasts, on the back of booming demand for artificial intelligence (AI) applications…

Revenue in the April-June period of this year came in at T$673.51 billion ($20.67 billion), according to Reuters calculations, compared with an LSEG SmartEstimate, drawn from 21 analysts, of T$654.27 billion…”

https://www.cnbc.com/2024/07/10/tsmc-second-quarter-revenue-jumps-on-ai-boost.html

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