Taiwan Semiconductor (TSM) Reports Strong Q2 Growth Driven by HPC and Smartphone Demand

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks among the best Asian stocks to buy. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) announced a robust second quarter for 2025 on August 21. The company’s EPS rose by 60.7% year-over-year to NT$15.36. Meanwhile, revenue jumped by 11.3% sequentially to NT$30.1 billion, fueled by strong demand in the smartphone and high-performance computing (HPC) sectors.

The company’s focus on cutting-edge nodes, including the 3nm and 5nm nodes, has boosted its market position and greatly increased wafer revenue. The HPC platform especially experienced a 14% increase quarter-over-quarter, indicating rising demand for TSMC’s revolutionary semiconductor products.

Taiwan Semiconductor Manufacturing Company Limited is a leading Taiwanese company that offers semiconductor manufacturing services.

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This article is originally published at Insider Monkey.