TSMC second-quarter sales rise 38.6% y/y, beat forecasts

TAIPEI (Reuters) -TSMC(TSM), the world’s largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company’s products leaps on surging interest in artificial intelligence applications. Revenue for April-June came in at T$933.8 billion ($31.9 billion), according to Reuters calculations, rising 38.6% from T$673.51 billion in […]