Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 6.2% month-on-month increase in revenue for June 2026, reaching NT$442.68 billion. For the first half of 2026, TSMC's total revenue hit NT$2.4 trillion, a 35.6% rise compared to the same period in 2025, boosted by strong demand for AI chips and infrastructure investments. The company, which holds a 73% share of the global pure-foundry market, plans to expand its advanced chip packaging capacity with two new plants in southern Taiwan. TSMC's second-quarter earnings report is expected on July 16, with shares already up 1% following the revenue news.
Stanley Druckenmiller’s Duquesne Family Office sold all shares of Micron, Intel, and Broadcom in Q2 2026, shifting focus to AI-related infrastructure. The fund opened new positions in Equinix, a major data center operator benefiting from AI-driven de...
Taiwan Semiconductor Manufacturing (TSMC) reported strong Q2 2026 results with revenue of $40.2 billion and EPS of $4.31, beating expectations. The company announced a $100 billion investment in Arizona for advanced chip capacity, driven by growing A...
SK Hynix's IPO followed the 2026 mega-IPO pattern: a strong initial surge to $195, then a drop below $125, before settling around $162, above its $149 offer price. Despite the volatility, its fundamentals are strong with a 76% operating margin and 41...
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) ETF, which targets three times the daily performance of the NYSE Semiconductor Index, gained approximately 393% over the past year, turning a $10,000 investment into about $49,270. This surge was...
Shares of major semiconductor foundries like United Microelectronics, Taiwan Semiconductor Manufacturing, and GlobalFoundries fell sharply due to concerns over slowing AI-related capital expenditures. The Wall Street Journal reported that top tech fi...
