Taiwan Semiconductor Manufacturing Company (TSMC) reported a 23.4% increase in second-quarter profit from the previous quarter, surpassing analyst estimates. The company's net income reached NT$706.56 billion ($39.45 billion), a record high for the fifth consecutive quarter, with revenue rising 36% year-on-year to NT$1.27 trillion. Advanced technologies, including 7-nanometer chips and smaller, made up 77% of wafer revenue, driven by strong demand for AI chips from major tech clients like Nvidia, Apple, and Broadcom. TSMC's shares have gained over 58% this year, reflecting robust growth and market confidence.
TSMC and Samsung, two leading chipmakers, have committed to using ASML's High NA EUV lithography machines, which cost around $400 million each, to produce more advanced chips. Samsung plans to adopt this technology for DRAM memory manufacturing start...
Marvell Technology and Taiwan Semiconductor Manufacturing (TSMC) reported strong Q2 earnings, highlighting their key roles in the AI infrastructure boom. TSMC, a leading-edge chip foundry, saw 36% revenue growth driven by advanced nodes critical for ...
