TSMC Posts 77% Profit Jump for Q2, Surging Past Market Expectations on AI Chip Demand

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Semiconductors

16 July 2026 at 3:16 pm

TSMC Posts 77% Profit Jump for Q2, Surging Past Market Expectations on AI Chip Demand

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Summary

Taiwan Semiconductor Manufacturing Company (TSMC) reported a 77% profit jump for Q2, exceeding market expectations, driven by strong demand for advanced artificial intelligence chips.

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