TSMC’s second-quarter revenue hits record high on strong AI demand

The world’s largest contract chipmaker reported record second-quarter revenue, driven by strong demand for AI chips and slightly exceeding market expectations. Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported a record second-quarter revenue of T$1.27 trillion (US$39.62 billion), up 36% from a year earlier, as demand for artificial intelligence (AI) applications continued […]