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AI · The Times of India

TSMC posts 77% profit jump for Q2, surging past market expectations

By ReutersJuly 16, 2026 · 1 min read

Taiwan Semiconductor Manufacturing Company reported a record profit surge. This growth was fueled by strong demand for advanced artificial intelligence chips. The company's net profit climbed significantly, exceeding market expectations. Analysts anticipate T…

TSMC, the world's main producer of advanced AI chips and a major supplier to Nvidia, on Thursday posted a 77% jump in second-quarter profit to a record that was far ahead of market forecasts.Benefiti…

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