New Delhi, July 16 -- TAIPEI - TSMC CEO Che-Chia Wei told analysts Thursday that AI chip demand is "extremely robust" and expected to remain "very strong until around 2029 or 2030." That is not a forecast hedge. It is a four-year order-book signal from the company that manufactures the processors inside nearly every major AI system on earth, and it landed alongside the numbers that explain why TSMC is in a position to say it with confidence.

Taiwan Semiconductor Manufacturing Company posted second-quarter net profit of NT$706.6 billion, equivalent to roughly €19.1 billion, a 77 percent increase over the same quarter last year. Revenue reached $40.2 billion, up 36 percent, beating analyst estimates of $39.63 billion. Euronews report...