[TSMC CEO Frankly Admits 'Envy and Jealousy' Over Memory Manufacturers' 86% Gross Margin, Clearly States Strong AI Demand Will Continue Until 2030] BlockBeats News, July 16: TSMC released better-than-expected quarterly results today and raised its full-year revenue and capital expenditure outlook across the board. Chairman and CEO C.C. Wei candidly stated during the meeting, 'I am very envious and jealous' of memory manufacturers' impressive 86% gross margin, while clearly emphasizing that AI is an entirely new industry with strong demand expected to continue until 2030. TSMC's second-quarter financial report showed a net profit of NT$706.6 billion, exceeding the market expectation of NT$623.73 billion; gross margin was 67.7%, also better than market expectations. Wei openly admitted during the meeting that upon seeing memory companies' 86% gross margin, he 'really feels jealous.' However, Wei also stressed that as a partner to memory customers, TSMC would not suddenly raise prices drastically to push customers out of the market. 'Our customers must succeed. One of my Korean competitors indeed made a lot of money, and frankly, I am very envious.'