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TSMC factory showcasing advanced chip manufacturing technology.
AI boom

TSMC Reports Record $10 Billion Profit Amid AI Boom

The world’s leading advanced chip manufacturer, TSMC, announces a record $10 billion net profit in three months. The 54% increase is attributed to soaring AI demand and iPhone chip sales, marking a...

AI boomGraph showing AWS revenue growth due to AI market demand

AWS Revenue Surges 19% Amid AI Boom, But Amazon Stock Takes Hit

Amazon Web Services (AWS) reported $26.3 billion in net sales, a 19% increase, reflecting the rise in demand for AI solutions. However, Amazon's stock is impacted by lower-than-expected revenues an...