Market Chatter: TSMC Raises Q2 Employee Bonuses Over 50% on Strong Results

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Taiwan Semiconductor Manufacturing (TPE:2330), d/b/a TSMC, distributed NT$36 billion in employee bonuses for the second quarter, up more than 50% from a year earlier, Taipei Times reported Monday, citing the chipmaker's financial data.

The bonuses were paid Friday as TSMC reported record second-quarter earnings, with net profit surging 77% year-on-year to NT$706.6 billion and EPS climbing to NT$27.25. Employee bonuses for the first half of the year totaled NT$70.4 billion, up 54% from a year earlier, according to the report.

TSMC said its record quarterly profit reflected strong global demand for high-performance computing, IoT and consumer electronics products.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Employee bonuses for the first half of the year totaled NT$70.4 billion, up 54% from a year earlier, according to the report.</p><p>TSMC said its record quarterly profit reflected strong global demand for high-performance computing, IoT and consumer electronics products.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IEMG","symbol_name":"iShares Core MSCI Emerging Markets ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2663408024","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2663408024","pubTimestamp":1788153148,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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Employee bonuses for the first half of the year totaled NT$70.4 billion, up 54% from a year earlier, according to the report.TSMC said its record quarterly profit reflected strong global demand for high-performance computing, IoT and consumer electronics products.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}