TSMC beats Q2 estimates with strong revenue growth and margin expansion, fueled by soaring AI chip demand. Click for my updated look at TSM stock post earnings.

Mehdi Hosseini, senior equity research analyst at Susquehanna, says that while TSMC's revenue mix could get a few percentage points of upside from its China business, the main growth drivers going forward are the shipments of Nvidia Blackwell chips to the U.

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Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is the market leader in the foundry industry, with a 67.6% revenue market share. Most importantly, the company holds over 90% of the market share in the manufacturing of AI chips.

Taiwan Semiconductor Manufacturing Co. will speed up volume production at its second and third chip fabs in north Phoenix to keep up with AI-related demand from customers.

Overall, with its combination of leading and emerging businesses, Alphabet looks like one of the best AI stocks to own over the long term. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors.

Wedbush analyst Matt Bryson says Taiwan Semiconductor's strong Q2 earnings confirm red-hot demand for AI chips, signaling continued strength for Nvidia and the broader tech sector.

Taiwan Semiconductor Manufacturing Co. on Thursday boosted its full-year revenue growth projections, as strong AI demand continues to fuel results at the world’s largest contract chip maker.