TSM, Q2
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Taiwan Semiconductor Manufacturing (NYSE: TSM) inched up on Thursday after posting better-than-expected earnings for its second financial quarter. However, the management recorded a marginal decline in gross margins and said foreign exchange headwinds and lower profitability at overseas fabs could result in a further hit to margins in Q3.
TSMC's 30% growth is driven by soaring AI and HPC chip demand. Click to read more on my updated look at TSM and its Q2 earnings.
Taiwan Semiconductor Manufacturing Co. on Thursday boosted its full-year revenue growth projections, as strong AI demand continues to fuel results at the world’s largest contract chip maker.
Taiwan Semiconductor Manufacturing Company CEO C.C. Wei on Thursday said the company is seeing "strong interest" from its leading U.S. customers and is working to speed up its volume production schedule by several quarters.
Taiwan Semiconductor Manufacturing Co. reported a better-than-expected 61% jump in profit for the June quarter, bolstering confidence in the momentum of the global AI spending spree.
TSMC is working to build two plants in Arizona faster, a move that could bring more Apple chip production to Arizona quicker — but don't expect the newest chips.
TSMC’s move underscores resilient demand for high-end chips from the likes of Nvidia, despite earlier doubts brought by China’s DeepSeek.