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TSMC is scheduled to announce its second-quarter results on Thursday. Key point of focus: Net profit: The net profit of the world's largest chip agency is likely to rise 57% over the same period last year, reaching NT$624 billion. This will be the fifth consecutive quarter of record profits for the company, driven by continued strong demand for artificial intelligence. Revenue: The Taiwanese chipmaker's second-quarter revenue rose 36% to NT$1.270 trillion, in line with the company's expectations of US$39 billion to US$40.2 billion. The company's stock price rose 37% in the second quarter, and the cumulative increase so far this year has reached 55%. TSMC and other AI hardware manufacturers — that is, companies that produce chips and servers that provide computing power for AI data centers — were the biggest beneficiaries in the first half of this year. Unaffected by geopolitical uncertainty, these companies are benefiting from surging demand for AI hardware driven by massive investments from hyperscale cloud service providers.
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TSMC is scheduled to announce its second-quarter results on Thursday. Key point of focus: Net profit: The net profit of the world's largest chip agency is likely to rise 57% over the same period last year, reaching NT$624 billion. This will be the fifth consecutive quarter of record profits for the company, driven by continued strong demand for artificial intelligence. Revenue: The Taiwanese chipmaker's second-quarter revenue rose 36% to NT$1.270 trillion, in line with the company's expectations of US$39 billion to US$40.2 billion. The company's stock price rose 37% in the second quarter, and the cumulative increase so far this year has reached 55%. TSMC and other AI hardware manufacturers — that is, companies that produce chips and servers that provide computing power for AI data centers — were the biggest beneficiaries in the first half of this year. Unaffected by geopolitical uncertainty, these companies are benefiting from surging demand for AI hardware driven by massive investments from hyperscale cloud service providers.
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