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3 Reasons to Buy TSMC Stock Besides 61% Q2 Profit Surge
ZACKSยท 2025-07-18 20:01
Key Takeaways TSM's Q2 net income jumped 60.7% to NT$398.27B, with sales up 38.7% to NT$933.80B on strong AI chip demand. TSM expects Q3 revenues of $31.8B-$33.0B, up 38% YoY, and sees 2025 revenues growing nearly 30% in USD terms. TSM holds 67% of chip manufacturing and benefits from high entry barriers and reliance by major tech clients.Taiwan Semiconductor Manufacturing Company Limited (TSM) , or TSMC, recently reported a record surge in second-quarter profit as it continues to benefit from the artific ...