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TSMC's First-Half Revenue Surges 40% on Booming AI Demand

1. TSMC's June revenue fell 18% from May but increased 27% year-over-year. 2. First-half revenue surged 40% due to strong AI demand. 3. TSMC supplies Nvidia, which reached a $4 trillion market cap. 4. The company plans a $100 billion investment in U.S. chip facilities. 5. CEO projected record-high revenue and earnings for TSMC this year.

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FAQ

Why Bullish?

Despite a drop in June, TSMC’s robust growth due to AI remains positive. Historical trends show that innovations drive demand, impacting revenue positively.

How important is it?

The article highlights ongoing revenue growth and TSMC's strategic investments, which are critical for future performance.

Why Long Term?

Investments in U.S. manufacturing and AI demand will sustain growth. Similar past investments have yielded significant long-term returns.

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