TSMC distributes TWD 36 billion as bonuses… and the figure is not ordinary.
The chipmaker distributed today about TWD 36 billion in bonuses to its employees for the second quarter, an increase of more than 50% compared to last year.
The results were stronger than expected:
Revenue hit a record level at $40.2 billion.
Net profit reached TWD 706.56 billion, up 77.4% year-on-year.
Growth was driven by high-performance computing intelligence, the Internet of Things, cars, and consumer electronics. 💻📈
In my opinion, these figures reflect how strong the semiconductor cycle is right now—especially as demand tied to artificial intelligence continues. 🔥
If this momentum continues, will we see its impact spread further to technology stocks, then $TSMB ?
#TSMC #Semiconductors #AI #crypto #Bitcoin
The chipmaker distributed today about TWD 36 billion in bonuses to its employees for the second quarter, an increase of more than 50% compared to last year.
The results were stronger than expected:
Revenue hit a record level at $40.2 billion.
Net profit reached TWD 706.56 billion, up 77.4% year-on-year.
Growth was driven by high-performance computing intelligence, the Internet of Things, cars, and consumer electronics. 💻📈
In my opinion, these figures reflect how strong the semiconductor cycle is right now—especially as demand tied to artificial intelligence continues. 🔥
If this momentum continues, will we see its impact spread further to technology stocks, then $TSMB ?
#TSMC #Semiconductors #AI #crypto #Bitcoin
