FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Company (TSMC) is displayed at its fabrication plant in Kaohsiung, Taiwan, June 7, 2025. REUTERS/Ann Wang/ File Photo
TAIPEI (Reuters) -TSMC, the world's main producer of advanced AI chips, posted a 60% jump in second-quarter profit to record levels that handily beat market forecasts on Thursday, though U.S. tariffs and a strong Taiwan dollar could weigh on its outlook.
Benefiting from surging demand for advanced chips used in artificial intelligence applications, Taiwan Semiconductor Manufacturing Co said net profit for April-June climbed to T$398.3 billion ($13.53 billion), its fifth straight quarter of double-digit growth.
