TSMC Reports Strong Earnings Amid Growing AI Demand
Taiwan Semiconductor Manufacturing Company (TSM) reported strong Q2 earnings with revenue rising 33.7% year-over-year and EPS beating estimates by $0.37. The company raised its full-year growth forecast to over 40%, driven by the AI megatrend, while also increasing capital expenditures for 2026.
Tickers: $TSM
Topics: artificial intelligence capital expenditures revenue growth semiconductors