TSMC increased by 2.21% to NT$1,155 after briefly reaching an intraday high of NT$1,160. MediaTek added 1.44% to close at NT$1,410, while Foxconn rose 0.91% to NT$165.5, completing its recovery from an earlier ex-dividend adjustment in 13 trading sessions.

TSMC also raised its full-year revenue growth forecast to around 30% in U.S. dollar terms, up from the mid-20% range, and issued upbeat Q3 guidance projecting revenue of $31.8 – $33 billion.

TSMC , the world's largest contract chipmaker, posted a 60.7% jump in second-quarter net profit on Thursday, beating market forecasts and hitting a historic high as it benefited from surging demand for semiconductors used in artificial intelligence applications.

The total investment for the three Arizona fabs stands at USD 65 billion. TSMC has committed an additional US$100 billion over the coming years to expand its US presence with three more fabs, two integrated circuit (IC) assembly plants, and a research and development centre.

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), a major chip supplier to Nvidia Corp, yesterday raised its revenue growth forecast for this year to 30 percent in US dollar terms, thanks to exceptionally strong demand for artificial intelligence (AI) and high-performance computing (HPC) applications.

TSMC, the world's main producer of advanced AI chips, posted record profit in the second quarter with forecast-beating growth of 60%, and noted that demand for artificial intelligence was getting stronger and stronger.