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TechRadar
TechRadar
Wayne Williams

"Maybe TSMC should buy Arm": Sleeping giant that makes tens of millions of chips for Intel, Nvidia, AMD reveals staggering profits and hints at a price hike to please shareholders

TSMC
Taiwan Semiconductor Manufacturing Co., Ltd.

In recently released financial results for the second quarter of 2024, Taiwan Semiconductor Manufacturing Co. (TSMC) posted impressive figures that reflect both its dominant market position and the growing demand for the advanced chip technologies it offers. 

TSMC is currently the 9th most valuable company in the world with a market cap of $836.35 billion, but it briefly exceeded $1 trillion recently, putting it into 8th place.

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