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The AI chip boom continues.
TSMC’s quarterly profit surged 36 percent on the year, beating expectations on revenue as well. The world’s largest contract chipmaker plans to begin mass producing its industry leading 2nm chip in 2025.
It follows Samsung reporting quarterly profits up 15x on the strength of AI-related memory chip sales.
TSMC's quarterly net profit surges 36% on AI boom
[Nikkei Asia]
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