Taiwan Semiconductor Manufacturing Company (TSMC) reported a strong Q2 with 36% year-on-year revenue growth and a 56% net profit margin, driven by high demand for advanced chips used in AI and high-performance computing. Advanced nodes now make up 77% of wafer revenue, with high-performance computing contributing 66% of total revenue and growing 20% quarter-on-quarter. TSMC raised its full-year guidance and announced a $100 billion investment in Arizona to expand capacity. For Q3, the company expects 12% revenue growth but anticipates slightly lower gross margins due to ramping new technologies and increased capital expenditures, which has caused some cautious market reaction.
Taiwan Semiconductor Manufacturing Company (TSMC) reported earnings per share of $4.23, beating estimates due to strong demand in the AI sector. Despite record profits, revenue of $39.47 billion slightly missed expectations, causing a share decline a...
Taiwan Semiconductor Manufacturing Co. (TSMC) announced an additional $100 billion investment in the US, raising its total US investment to $265 billion to meet rising AI chip demand. This expansion could add four new advanced facilities to its Arizo...
TSMC's better-than-expected Q2 earnings and increased capital expenditure highlight strong demand for AI and high-performance computing, which are crucial for Nvidia's growth. The ramp-up of TSMC's advanced N3 process and a higher HPC product mix sup...
Taiwan Semiconductor (TSM) reported impressive Q2 2026 results, with revenues rising 34% year-over-year to $40.2 billion, fueled by strong AI demand and a 47.4% growth in its high-performance computing segment, which now accounts for 66% of revenues....
US stock futures showed a mixed open with Dow Jones up 0.2%, S&P 500 down 0.2%, and Nasdaq down 0.8%, pressured by semiconductor stocks despite strong earnings from Taiwan Semiconductor and ASML. Oil prices remained steady amid Middle East tensions. ...
