Latest development3 months ago
TSMC Strong Q2 Results Tempered by Market Anxiety Over $100B Expansion Plan
TSMC reported a 74% EPS surge in Q2, yet shares faced pressure as the company raised its CapEx guidance to $60-64 billion.
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TSMC reported Q2 revenue of NT$1.27 trillion ($39.63 billion), marking a 36% year-over-year increase. These results slightly exceeded analyst expectations of NT$1.264 trillion, confirming that the company beat market estimates. Following this performance, investor focus is now shifting toward upcoming earnings reports from major firms including UnitedHealth, Abbott Laboratories, and GE Aerospace.
TSMC reported a 74% EPS surge in Q2, yet shares faced pressure as the company raised its CapEx guidance to $60-64 billion.
Read the full storyThe Taiwanese chipmaker beat analyst estimates by 11.4% as global demand for AI infrastructure continues to accelerate.
In a move that underscores its dominance in the global AI race, TSM reported a 77% surge in Q2 net income to NT$706.6 billion, significantly exceeding analyst estimates of NT$623.73 billion.
The Taiwanese chipmaker reported revenue of NT$1.27 trillion, surpassing analyst estimates driven by sustained global demand for high-end AI semiconductors.