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The Economic Times
The Economic Times

TSMC's second-quarter profit seen hitting record on AI boom

TSMC Taiwan

TSMC, the world's largest ​manufacturer of advanced AI ​chips, is expected to notch a fifth consecutive quarter ​of record earnings on Thursday, with a 59% surge in net profit for April-June, driven by booming global demand for AI infrastructure.

Analysts said demand for Taiwan ‌Semiconductor Manufacturing ⁠Co's (TSMC) 3-nanometre ⁠and 2-nanometre process technologies for AI chips, as well as for its advanced ​chip packaging technology, CoWoS, remains strong.

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