TSM Reports Strong Q2 Earnings with Revenue Growth and Guidance for AI-Driven Expansion
Taiwan Semiconductor Manufacturing Company (TSM) reported a record second-quarter revenue of $40.2 billion, up 33.7% year-over-year in U.S. dollar terms. The company raised its capital expenditures to support growing demand from artificial intelligence and high-performance computing sectors. TSM also announced an additional $100 billion investment for advanced semiconductor fabrication.
Tickers: $TSM
Topics: capital_expenditures financial_performance guidance semiconductors