Taiwan Semiconductor Manufacturing Reports Strong Revenue Growth Amid AI Chip Demand
Taiwan Semiconductor Manufacturing (TSM) reported 34% year-over-year revenue growth in Q2 to $40.7 billion, driven by strong demand for AI-related chips and margin expansion. The company raised its full-year revenue guidance from over 30% to more than 40%, with plans to increase capital expenditures significantly through 2026.
Tickers: $TSM
Topics: AI demand capex increase semiconductors TSMC earnings