1. TSMC reported a 32% year-on-year revenue growth in Q2 2024, driven by strong AI-related chip demand; 2. The company highlighted AI processors as a key growth driver, projecting AI-related revenue to grow over 50% annually; 3. Challenges include geopolitical tensions, supply chain constraints, and competition in advanced packaging technologies.
Related Articles
- Marvell Could Be A 'Marvellous' Buy8 days ago
- Commodity Catchup: Why Are Central Banks Buying So Much Gold?10 days ago
- Nagarro: Considering Increasing My Position11 days ago
- 2 Income Powerhouses Entering Deep Bargain Territory19 days ago
- ASML Holding: $1.5B Mistral AI Misfireabout 1 month ago
- Tesla: I Reread Charles Munger When In Doubtabout 2 months ago
- Upstart: GAAP Inflection Pointabout 2 months ago
- Main Street Capital: Will This Bubble Burst? Here Is My Take On Itabout 2 months ago
- 8 Of My Favourite Dividend Stocks To Survive - And Thrive - In This Market2 months ago
- Kinsale: A Masterclass In Insurance2 months ago