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AI boom’s real profits are being made in Asia

A 58% jump in TSMC’s quarterly profit, announced on April 16, should change how investors think about the AI economy. Those numbers are not speculative, based on projections or optimistic. They’re realized profits, delivered here and now. A fourth consecutive quarter of record revenue reinforces the point. Advanced chips accounting for roughly 75% of wafer The post AI boom’s real profits are being made in Asia appeared first on Asia Times.

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