{"id":832615,"date":"2024-07-15T10:03:04","date_gmt":"2024-07-15T04:33:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=832615"},"modified":"2024-07-15T10:03:04","modified_gmt":"2024-07-15T04:33:04","slug":"tsmc-second-quarter-profit-seen-jumping-30-on-surging-ai-chip-demand","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/15\/tsmc-second-quarter-profit-seen-jumping-30-on-surging-ai-chip-demand\/","title":{"rendered":"TSMC second-quarter profit seen jumping 30% on surging AI chip demand"},"content":{"rendered":"<p>TAIPEI: Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to soaring demand.<\/p>\n<p>The world&#8217;s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has pushed TSMC&#8217;s stock &#8211; and the broader Taiwan market &#8211; to record highs. Last week, its American Depositary Receipts topped a trillion dollar market value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TAIPEI: Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to soaring demand. The world&#8217;s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has pushed TSMC&#8217;s stock &#8211; and the broader Taiwan market &#8211; to record highs. Last week, its American Depositary Receipts topped a trillion dollar market value.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-832615","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=832615"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832615\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=832615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=832615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=832615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}