Taiwan Semiconductor Manufacturing Co (TSMC) reported a record second-quarter profit of TWD 706.56 billion (approximately USD 21.2 billion) on Thursday, significantly exceeding analyst expectations.
The result marks another consecutive milestone for the world's largest contract chipmaker, reinforcing its dominant position in the global semiconductor supply chain.
4% year-on-year, driven by robust utilization rates and pricing power in advanced-node fabrication.
The company's net income surged 23.4% year-on-year, driven by robust utilization rates and pricing power in advanced-node fabrication.
This performance highlights the continued strength in demand for high-performance computing and artificial intelligence infrastructure, which remains the primary growth engine for the foundry sector.
TSMC's ability to deliver such strong results amid a complex geopolitical and supply-chain environment underscores the structural shift toward specialized manufacturing.
The company's financial health provides a stable foundation for its massive capital expenditure plans, which are critical for maintaining its technological lead over competitors.