Key Takeaways TSM's Q2 revenues rose 39%, with profits up 61%, fueled by demand for 3nm and 5nm AI chips. NVDA sees strong AI chip demand but faces $8B in estimated losses from China chip restrictions in Q2 FY26. TSM raised its FY25 revenue growth outlook to 30% and plans to invest up to $42B in advanced production.NVIDIA Corporation (NVDA) and Taiwan Semiconductor Manufacturing Company (TSM) , also known as TSMC, are two of the most important companies in the global AI chip supply chain. NVIDIA designs t ...