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.

TSMC posts a fifth straight record quarter with Q2 2026 revenue near $39.6 billion, driven by AI chip demand. What it means for crypto and tech markets.

TSMC is expected to post a record $19.65 billion net profit in Q2 2026, up 59% year-over-year, as AI chip demand reshapes semiconductor and crypto markets.

Taiwan Semiconductor Manufacturing Co. is expected to report another record quarterly profit. Robust global demand for artificial intelligence infrastructure continues to fuel…

Stellar result comes as investors fret over sustainability of global buildout