TSMC Reports Record Q2 Profit Amid Strong AI Demand and Raised Capital Spending

Taiwan Semiconductor Manufacturing Company (NYSE:TSM) reported a record second-quarter net income driven by strong demand for artificial intelligence chips. The company raised its full-year revenue outlook and increased capital spending plans to US$60 billion–US$64 billion in response to growing customer needs.

By Fiona Craig Thu, July 16, 2026 at 1:46 PM GMT+3 2 min read · Yahoo Finance ·

TSMC Reports Record Q2 Profit Amid Strong AI Demand and Raised Capital Spending

Tickers: $TSM

Topics: AI demand capital spending expansion revenue growth

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