Monday, 13 July

Monday, 13 July2026

The AI Gold Rush: TSMC Hits Record High as AI Hunger Drives 36% Revenue Surge

By TechShots Studio
The AI Gold Rush: TSMC Hits Record High as AI Hunger Drives 36% Revenue Surge
Taiwan Semiconductor Manufacturing Co. (TSMC), the world's leading contract chipmaker, recorded an all-time high second-quarter revenue of 1.27 trillion Taiwan dollars ($39.62 billion). Fueled by unrelenting global demand for artificial intelligence hardware from major clients like Nvidia and Apple, the tech giant's quarterly revenue surged 36% year-on-year, comfortably outperforming market projections.
Read full story at REUTERS

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