TSMC reported a better-than-expected 61% jump in profit for the June quarter, bolstering confidence in the momentum of the global AI spending spree. The world’s biggest contract chipmaker on Thursday said net income for the period was NT$398.3 billion ($13.5 billion), extending a streak of beating analysts’ estimates that dates back to 2021. Bloomberg’s Annabelle Droulers reports. (Source: Bloomberg)Read More
