TSMC, the company that makes Apple and Nvidia's computer chips, made a lot of money in the last few months because more people are using computers and phones that need lots of powerful chips. They made more chips than expected and people wanted to buy more, so they're making even more chips in the next few months. They think 2024 will be a great year for making more chips. Read from source...

the article titled `Apple, Nvidia Supplier TSMC Reports Strong Q2 Results Amid Booming Demand For AI Chips, Guides Q3 Above Consensus: 2024 To Be 'Strong Growth Year,' Says CEO` by Shanthi Rexaline, Benzinga Editor published on July 18, 2024. The article discusses TSMC's strong Q2 results and guidance for Q3, amidst booming demand for AI chips used in hyper-performance computing. The article provides key points such as TSMC's revenue growth and net income increase, as well as information about the market share of North American and Chinese customers. However, there is no mention of any potential risks or downsides to this growth, and the article seems to focus only on positive aspects. Furthermore, the article provides no in-depth analysis or critical assessment of the factors driving TSMC's success, such as the role of AI in the current tech landscape. This lack of critical analysis and one-sided focus on positive aspects raises questions about the article's credibility and objectivity.

Positive

Reasoning: The article highlights the strong Q2 results of TSMC, Apple, and Nvidia's supplier, with revenue growth of 32.8% YoY and 10.3% QoQ, surpassing the consensus estimates. The booming demand for AI chips used in hyper-performance computing and guidance for a successful Q3 further accentuate the positive sentiment.