Taiwan Semiconductor (TSM) stock falls on massive $64B spending outlook. Read why this analyst calls the pullback a temporary correction.

Taiwan Semiconductor Manufacturing Co. beat Q2 estimates with record profit as AI chip demand fueled growth and lifted its Q3 outlook.

TSMC posted record Q2 2026 profits with $40.2B in revenue and 77% net profit growth, yet shares dipped in premarket trade on geopolitical concerns.