Taiwan Semiconductor Stock Falls Nearly 15% Despite Record AI Demand
Despite reporting a record quarter with a 77% year-over-year increase in net profit to T$706.6 billion, Taiwan Semiconductor Manufacturing Company (TSM) stock fell nearly 15% for the month of July 2026. The decline continued after results were released on July 16 and was attributed partly to capex guidance falling short of some Wall Street expectations.
Tickers: $TSM
Topics: ai_demand capex_guidance semiconductors