TSMC Sees Solid Q3 Demand As Asia Chipmakers Outpace US Rivals While Congress Debates Support

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By Martin Baccardax “Moving into third quarter 2022, we expect our business to be supported by continued demand,” said CFO Wendell Huang. Taiwan Semiconductor Mfg. Co. Ltd., (TSM) – Get Taiwan Semiconductor Manufacturing Company Ltd. Report the World’s biggest contract chipmaker and a lead supplier for Apple Inc. AAPL iPhones, posted its biggest quarterly profit jump in two years and said it was “highly confident” heading into the second half of the year. TSMC said earnings for the three months ending in June surged 76.4% from last year to just under $8 billion, with revenues rose 36.6% to $18…

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