TSMC’s second-quarter profit seen hitting record on AI boom

TSMC is expected to achieve record-high profits during the second quarter, driven primarily by the ongoing AI boom. These financial results underscore the expanding influence of AI on global tech infrastructure and emphasize the strategic importance of semiconductor supply chains. The projected growth reflects the company's pivotal role in supporting the technological shift toward artificial intelligence, as the demand for advanced chips continues to surge across the global electronics and computing sectors.