TSMC Posts 36% Jump in Quarterly Sales as Investors Look to Chip Bellwethers for AI Demand Signals

Taiwan Semiconductor Manufacturing Co. reported a 36% surge in second-quarter revenue, offering fresh evidence of resilient demand for artificial-intelligence chips at a moment of heightened investor anxiety over a selloff in AI-linked technology stocks. The results from TSMC, and a set of upcoming numbers from Dutch equipment maker ASML Holding NV, are being watched more closely than usual as markets look for hard data to justify—or puncture—the AI-driven rally in semiconductor names.