TOKYO — Taiwan Semiconductor Manufacturing Co. on Thursday reported a record profit for the second quarter, riding on a continuous AI boom despite foreign exchange rate volatility and macroeconomic uncertainties.
The world’s top contract chipmaker logged a net profit for April-June of 398.27 billion New Taiwan dollars ($12.82 billion), up 60.7% from the same period last year. Revenue surged over 38% on the year to 933.79 billion New Taiwan dollars ($30.07 billion), also a quarterly record.
