TAIPEI, July 17 (Reuters) - TSMC, the world's
largest contract chipmaker, posted a 60.7% jump in
second-quarter net profit on Thursday, beating market forecasts
and hitting a historic high as it benefited from surging demand
for semiconductors used in artificial intelligence applications.
Taiwan Semiconductor Manufacturing Co ( TSM ), whose
customers include Apple ( AAPL ) and Nvidia ( NVDA ), saw
April-June net profit rise to T$398.3 billion ($13.53 billion).
The profit handily beat a T$377.9 billion LSEG
SmartEstimate, which is weighted toward forecasts from analysts
who are more consistently accurate.
($1 = 29.4440 Taiwan dollars)