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Taiwan’s TSMC says net profit rose 36% in second quarter

By Inquirer - 4 months ago
Taipei, Taiwan — Taiwanese chip giant TSMC said Thursday net profit jumped 36 percent in the second quarter of 2024, buoyed by global demand for generative artificial intelligence products. Taiwan Semiconductor Manufacturing Company — whose clients include Apple and Nvidia — controls more than half the world’s output of silicon wafers, used in everything from

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