TSMC Reports Strong Q2 Earnings but Faces Market Concerns Over Capital Spending
Taiwan Semiconductor Manufacturing (NYSE: TSM) reported second-quarter earnings that exceeded expectations, with plans to increase capital spending by up to $64 billion for 2023. The company is expanding its U.S. operations and expects strong revenue growth in AI-related segments.
Tickers: $TSM
Topics: AI chips semiconductors TSMC earnings U.S. investment