TSMC\’s Q2 profit soars 60%

TSMC Delivers Strong Q2 Earnings Amid AI Boom

TSMC reports 60.7% jump in net profit for the second quarter.

Key Highlights

• Net profit surged to NT$398.3 billion (US$13.5 billion), surpassing analyst expectations.
• Revenue increased 39 % year‑on‑year, also beating forecasts.
• Top clients include Nvidia and Apple, reinforcing TSMC’s position as the world’s largest contract chipmaker.

AI Demand Drives Growth

Generative AI has transformed the global economy, and chips remain essential. Nvidia has announced it will resume sales of H20 AI chips to China after Washington lifted licensing restrictions.

Tariff Threats and Strategic Response

Trump’s latest tariff barrage and renewed export restrictions could pressure TSMC if chip demand falls. Chair and CEO C.C. Wei acknowledged potential impacts but emphasized that the company’s business remains solid.

Taiwan is negotiating with Washington to avoid a 32 % tariff on its exports. Taipei has pledged increased investment in the United States, additional US energy purchases, and higher defense spending to strengthen its case.