Taiwan Semi profit booms by 61% as Nvidia buoys demand - MarketWatch
1. TSM's profit surged 61% due to AI demand, exceeding consensus expectations. 2. Sales increased 39%, with high-performance computing making up 60% of revenue. 3. Third-quarter guidance suggests improved sales, but declining operating margins. 4. Nvidia's potential sales in China could positively affect TSM’s future. 5. TSM shares rose 5% premarket, climbing 20% year-to-date.