Taiwan Semiconductor (TSM) Reports Strong Q2 Growth Driven by HPC and Smartphone Demand

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks among the best Asian stocks to buy. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) announced a robust second quarter for 2025 on August 21. The company’s EPS rose by 60.7% year-over-year to NT$15.36. Meanwhile, revenue jumped by 11.3% sequentially to NT$30.1 billion, fueled by strong demand in the smartphone and high-performance computing (HPC) sectors.

The company’s focus on cutting-edge nodes, including the 3nm and 5nm nodes, has boosted its market position and greatly increased wafer revenue. The HPC platform especially experienced a 14% increase quarter-over-quarter, indicating rising demand for TSMC’s revolutionary semiconductor products.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a leading Taiwanese company that offers semiconductor manufacturing services.

While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.