Taiwan Semiconductor’s Q2 sales rise 39% as AI demand stays strong

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Taiwan Semiconductor Manufacturing Company (TSMC) plant in Tainan Science Park, Taiwan

BING-JHEN HONG/iStock Editorial via Getty Images

Taiwan Semiconductor Manufacturing (NYSE:TSM) has reported a nearly 39% year-over-year surge in revenue for the June quarter, surpassing expectations and reinforcing optimism around sustained AI-driven growth.

The contract chipmaker, which supplies giants like Nvidia (NVDA) and Apple (

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