TSMC Q2 profit jumps 77% to record, far surpasses expectations

Indutrade reported a 23% increase in Q2 net profit, driven by record orders and higher margins that boosted overall earnings. Simultaneously, TSMC achieved a record Q2 profit, which surged by 77% and significantly exceeded market expectations. Both companies demonstrated strong financial growth during the second quarter, with Indutrade benefiting from operational efficiencies and TSMC delivering a massive profit jump that far surpassed previous forecasts and analyst projections for the period.