TSMC Earnings: AI Drives Demand
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Here's our initial take on Taiwan Semiconductor Manufacturing's (NYSE: TSM) fiscal 2025 second-quarter financial report.TSMC, as it is better known, missed analyst expectations for revenue in the second quarter, but currency exchange rate fluctuations were mostly to blame. Revenue still soared 44% in U.S. dollars thanks to soaring demand for the company's most advanced 3nm and 5nm node semiconductor chips. TSMC's 3nm nodes accounted for 24% of total revenue, while the 5nm nodes accounted for 36% of revenue.High-performance computing, which includes AI-related chips, accounted for 60% of revenue, up from 52% in the second quarter of last year. HPC revenue rose by 14% from the first quarter as AI infrastructure spending ramps up around the world.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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