Asian Developed Economies
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🚀 TSMC Delivers Record Q2 Profit & Accelerates U.S. Expansion Taiwan Semiconductor Manufacturing Co. (TSMC) has posted a massive 61% year-over-year surge in Q2 profit, reaching $7.5 billion, as demand for high-performance AI chips remains unstoppable. Strong orders from key clients like Nvidia, Apple, and AMD continue to fuel this momentum, reinforcing TSMC’s central role in the global AI supply chain. 📈 Highlights: • AI chip demand pushes profit to all-time highs • Revenue rose 36%, beating analysts' expectations • Robust performance despite foreign exchange and trade-related headwinds In parallel, TSMC announced it is accelerating construction of its U.S. chip facilities by several quarters, underscoring its commitment to boosting global capacity and meeting surging demand from Western markets. The move reflects both geopolitical urgency and long-term confidence in the semiconductor sector. TSMC remains a cornerstone in the AI-driven tech ecosystem, shaping the future of computing from the foundry floor up. 🔗 Read more: www.cnbc.com/2025/07/17/tsmcs-second-quarter-profit-soars-nearly-61percent-as-ai-chip-demand-stays-strong-.html ✨ eToro’s AsianDragons Smart Portfolio seeks exposure with leading diversified companies from the Developed East Asian countries, including Hong Kong, Singapore, South Korea, Taiwan, Japan, and Macao. @AsianDragons is part of eToro's Smart Portfolio series and is available with a $500 minimum investment. Some of the companies invested in this portfolio are $TSM (Taiwan Semiconductor Manufacturing Co Ltd - ADR) , $FUTU (Futu Holdings Ltd-ADR), $SE (Sea Ltd-ADR) and $UMC (United Microelectronics Corporation-ADR) Your capital is at risk. Past performance is not an indication of future results
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