Taiwan Semiconductor reported June revenue at $20.5 billion. That’s approximately 70% higher than last year. Second-quarter revenues hit $19.1 billion. That’s roughly a third more than in 2023. The growth came from AI chips. Analysts had forecasted this. Shares dropped at the open instead. Concerns over Iran tensions dragged down the stock too. Still, results beat predictions overall. Experts now warn about possible slowdowns ahead.