Economic TimesLean R·
Global Market: TSMC likely to post record Q2 profit as AI chip demand powers growth
Taiwan Semiconductor Manufacturing Co. is expected to report another record quarterly profit. Robust global demand for artificial intelligence infrastructure continues to fuel advanced semiconductor orders. Analysts anticipate a significant year-on-year jump in net profit for the April-June quarter. This sustained momentum underscores the ongoing strength in AI-driven semiconductor demand. TSMC's market value has surged, making it Asia's most valuable listed company.
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