TSMC Quarterly Profit Surges 76 Percent, Beats Market Estimates
Taiwan’s TSMC posted a 76.4 percent surge in second-quarter profit on Thursday, the biggest jump in earnings in eight quarters that handily beat market estimates, thanks to red-hot demand for its chips amid a two-year long global shortage. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker and a major Apple supplier, said … Read more