TSMC posted record Q2 2026 revenue of $40.2B and raised its growth outlook, but its stock fell 7.3%, triggering a broad Asian chip stock selloff.

Taiwan Semiconductor (NYSE: TSM) stock rises pre-market as investors eye July 16 earnings. Analysts predict a massive 59% jump in Q2 profit.

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

Taiwan Semiconductor Manufacturing Company reported a record profit surge. This growth was fueled by strong demand for advanced artificial intelligence chips. The company's net…