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Euronews
Euronews
Doloresz Katanich

TSMC's Q2 profit soars by 60% on the back of solid AI chip demand

Chipmaking giant Taiwan Semiconductor Manufacturing Company (TSMC) reported better-than-expected results for the second quarter and also fuelled investors’ hopes by raising its 2025 outlook. 

The firm, delivering to Apple and Nvidia among others, is benefiting from big tech companies’ hunger to build their AI capacities, resulting in a resilient demand for high-end semiconductors.

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