台积电，净利润暴增60%

Core Viewpoint - TSMC reported a record profit growth of 60.7% in Q2, marking six consecutive quarters of profit increase, driven by strong demand in the semiconductor industry, particularly from AI-related applications [1][2]. Group 1: Financial Performance - TSMC's net profit for the quarter ending June 30 was NT$398.3 billion (approximately $13.53 billion) [2]. - The company's revenue grew by 38.6% in the second quarter [2]. - TSMC's market capitalization is approximately $1.23 trillion, placing it among the top ten highest-valued companies globally [2]. Group 2: Market Demand and Client Relationships - The demand for semiconductors is expected to grow by 17% to 18% this year, with TSMC likely to see sales growth of nearly 30% due to its market leadership [2]. - NVIDIA, TSMC's largest client, is ramping up production of its new Blackwell Ultra chips and is set to resume exports of its AI chip H20 to China [2][3]. - Analysts believe that the resumption of H20 supplies will further boost TSMC's order growth [2][3]. Group 3: Equipment and Supply Chain Impact - TSMC's order volume significantly impacts upstream equipment manufacturers, such as ASML, which is expected to receive substantial orders for its upcoming N2 process equipment [3]. - Current demand from TSMC and Chinese chip manufacturers is exceeding expectations, while demand from Intel and Samsung is below expectations [3]. Group 4: Investment and Expansion Plans - TSMC announced a $100 billion investment plan, including a commitment of $65 billion to build three factories in Arizona, two of which are already completed [4].