KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co. on Thursday boosted its full-year revenue growth projections, as strong AI demand continued to fuel results at the world’s largest contract chipmaker. CEO C.C. Wei said he saw full-year sales growth of around 30% in U.S. dollar terms, up from around mid-20% levels previously. TSMC’s second-quarter earnings per share and revenue came in higher than …
Read More »Chip Maker TSMC’s Stock Rises on Upbeat Outlook for Revenue, Strong AI Demand
:max_bytes(150000):strip_icc()/GettyImages-2161750944-df8891b94a9944f88e0d089c6b055a03.jpg "Chip Maker TSMC’s Stock Rises on Upbeat Outlook for Revenue, Strong AI Demand")