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Taiwan Semiconductor Manufacturing Company shares rise 3.77% in premarket after reporting record Q2 earnings and AI-driven demand.
ByAinvest
Thursday, Jul 17, 2025 6:46 am ET1min read
Taiwan Semiconductor Manufacturing Company Limited surged 3.77% in premarket trading, driven by a record-breaking net profit of 3983 billion Taiwan dollars in the second quarter of 2025, exceeding estimates and marking a 61% year-over-year increase. The company also reported strong revenue and operating profit growth, fueled by surging demand for semiconductors in the AI application sector.
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