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- TSMC second-quarter sales rise 38.6% y/y, beat forecasts</p>
<p>July 9, 2025 at 11:36 PM</p>
<p>TAIPEI (Reuters) -TSMC, the world's largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company's products leaps on surging interest in artificial intelligence applications.</p>
<p>Revenue for April-June came in at T$933.8 billion ($31.9 billion), according to Reuters calculations, rising 38.6% from T$673.51 billion in the year ago period.</p>
<p>The latest result topped an LSEG SmartEstimate of T$927.831 billion drawn from 21 analysts, and was also better than the guidance of $28.4 billion to $29.2 billion issued by TSMC in April.</p>
<p>TSMC will report full second-quarter earnings on July 17, including an outlook for the current quarter and full year.</p>
<p>The company, whose customers include Nvidia, has been a major beneficiary of advances in AI.</p>
<p>(Reporting by Faith Hung and Wen-Yee Lee; Editing by Kim Coghill and Jamie Freed)</p>
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