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.

The world’s largest contract chip manufacturer TSMC, reported better-than-expected results as AI chip demand has been boosting the company's sales. View on euronews

TSMC reported a 60.7% jump in net profit for the second quarter of 2025, beating estimates as demand for AI chips pushed revenue and earnings to all-time highs.