Taiwan Semiconductor Manufacturing Company (TSMC) beat Wall Street expectations on Thursday with a record second-quarter net profit, up 77% from a year earlier, while pledging a further $100bn (€87.4bn) to expand its chipmaking capacity in the US.
Published on
16/07/2026 - 14:24 GMT+2
TSMC posted a record quarterly profit on Thursday and raised its revenue outlook as booming demand for artificial intelligence chips continued to fuel growth at the world's largest contract chipmaker.
Taiwan-based TSMC reported earnings of $4.31 per share for the April-June quarter, beating analysts' expectations.
Revenue came in at $40.2 billion (€36.8bn), above analysts' estimates of $39.63 billion (€34.6bn).
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