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What is TSMC 2Q25 Revenue and Outlook about?

Taiwan Semiconductor Manufacturing Company (TSMC) reported its 2Q25 revenue of TWD934bn, which aligns with market expectations despite challenges from foreign exchange volatility. The company anticipates a potential downside risk for its 3Q25 guidance due to ongoing FX issues, although it maintains a Buy rating with a target price of TWD1,200. TSMC

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