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TSMC earnings just hit an all time high.
Profit surged 77% to a record $22 billion.
Here's why, guys.
TSMC builds over 90% of the world's most advanced AI chips.
Nvidia, Apple and Broadcom all design them.
TSMC is the one that actually makes them.
When the entire AI industry depends on your factories, you don't compete on price.
You set it.