TSMC Reports Record Q2 Profits as AI Demand Drives 67.7% Gross Margin
Taiwan Semiconductor Manufacturing Co. (TSMC) reported record-breaking second-quarter results, with a 67.7% gross margin and revenue reaching NT$1.27 trillion. Despite an earnings beat, shares dipped as investors reacted to a 15% increase in projected 2026 capital expenditures, now estimated between $60 billion and $64 billion. Record Financial Performance Amid AI Demand TSMC’s latest financial disclosures … Read more