Economic TimesLean R·
TSMC posts record revenue in second quarter on AI demand
Revenue in the second quarter rose 36% from a year earlier to a record high on surging interest in artificial intelligence applications. On its last earnings call in April, the company predicted second-quarter revenue of between $39 billion and $40.2 billion. Taiwan Semiconductor Manufacturing Co (TSMC) is a major supplier to companies including Nvidia and Apple.
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