Taiwan Semiconductor Manufacturing Co (TSMC) reported a 77% year-on-year increase in profit for the second quarter, marking a new record for the world's largest contract chipmaker.

The surge underscores the continued intensity of global artificial intelligence infrastructure construction, with demand for advanced nodes remaining robust.

4% jump in second-quarter profit reported earlier in the week that significantly exceeded analyst estimates.

The result follows a series of strong performance indicators for the foundry, including a 23.4% jump in second-quarter profit reported earlier in the week that significantly exceeded analyst estimates.

TSMC also posted a record monthly revenue figure for June, signaling sustained momentum ahead of the full quarterly release.

These consecutive milestones highlight the company's dominant position in the supply chain for high-performance computing and AI accelerators.

For market participants, the data reinforces the thesis that AI-driven capex cycles are still in their expansion phase.