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TSMC Q2 revenue handily beats market forecasts

By Thomson Reuters Jul 10, 2024 | 12:42 AM

TAIPEI (Reuters) – TSMC, the world’s largest contract chipmaker, reported on Wednesday second quarter revenue of T$673.51 billion ($20.67 billion), according to Reuters calculations, handily beating market forecasts.

An LSEG SmartEstimate, drawn from 21 analysts, predicted second quarter revenue of T$654.27 billion.

($1 = 32.5790 Taiwan dollars)

(Reporting by Ben Blanchard and Faith Hung; Editing by Christopher Cushing)