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TSMC Beats Estimates Amid Sustained AI Demand
TSMC posted quarterly profit that beat estimates. The main chipmaker for Nvidia Corp. and Apple Inc. reported a rise in net income for the June quarter to NT$706.6 billion ($22 billion), surpassing the average estimate of NT$623.7 billion. The steady growth highlights the company's central role in producing the vast majority of the world’s ...
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TSMC Hikes Sales, Spending Outlook; AI Rally Faces Scrutiny | Bloomberg Brief 07/16/2026
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🚨 AWESOME! President Trump has sent the "experts" into a state of shock: "TSMC, the largest Leading Edge Semiconductor Chip Manufacturer in the World, has announced an additional $100 BILLION DOLLAR Investment in their Semiconductor Fabrication Factories in Arizona." 🔥"That brings their total commitment to build Chips in America to a record $265 Billion Dollars." 🇺🇸I voted for this!
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