TSMC posted strong profit growth in the second quarter of 2026, driven by rising global demand for artificial intelligence chips.

The company's profit is said to have grown roughly 77% compared with the same period last year.

AI is driving the chip market

Companies like Nvidia, AMD, Apple, and other tech firms rely on TSMC's factories to produce their most advanced processors.

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The expansion of data centers and the development of artificial intelligence models are increasing the need for processors with greater computing power.

TSMC expects this demand to keep growing in the coming years, especially in servers, robotics, and artificial intelligence systems.