TSMC said second-quarter net profit rose 77.4% year over year to a record high, topping market expectations. According to Jin10, the world's largest foundry company reported net profit of NT$706.6 billion for April through June, compared with a LSEG SmartEstimate of NT$632.6 billion.
The company said revenue in the second quarter was NT$1,270.381 billion, up 36% year over year. TSMC said the results were driven by surging global demand for artificial intelligence processors, and noted that its customers include Nvidia and Apple.
STOCKS | TSMC Q2 Net Profit Rises 77.4% to Record High, Beats Forecasts
2026-07-16 05:40:13
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