Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
#TSMCQ2NetProfitSurges77%
TSMC posted a blockbuster Q2, but investors focused on what comes next rather than what just happened.
The world's largest contract chipmaker reported record Q2 net profit of NT$706.6 billion (about US$22 billion), up 77.4% year over year. Revenue climbed to NT$1.27 trillion (around US$40.2 billion), while gross margin expanded to 67.7%—all comfortably ahead of market expectations.
The growth story remains centered on advanced manufacturing. 7nm and more advanced technologies generated 77% of wafer revenue, with 3nm contributing 30%, 5nm 33%, and 2nm making its first meaningful appearance at 3%. Meanwhile, High Performance Computing (HPC), driven largely by AI accelerator demand, accounted for 66% of total revenue, underscoring that AI continues to fuel TSMC's business.
Despite the stellar results, the stock slipped in after-hours trading. Investors were less concerned with the quarter's performance—which had largely been anticipated—and more focused on the company's accelerating investment plans. TSMC raised its full-year capital expenditure guidance to US$60–64 billion from US$52–56 billion and continues with its US$100 billion U.S. expansion, signaling confidence in sustained AI demand but also significantly higher capital requirements.
The takeaway: TSMC isn't just reporting record earnings—it is committing unprecedented amounts of capital to expand capacity. The market is now weighing whether future AI demand will justify that level of investment. The earnings beat was impressive, but the scale of spending is the more consequential long-term signal.
TSMC posted a blockbuster Q2, but investors focused on what comes next rather than what just happened.
The world's largest contract chipmaker reported record Q2 net profit of NT$706.6 billion (about US$22 billion), up 77.4% year over year. Revenue climbed to NT$1.27 trillion (around US$40.2 billion), while gross margin expanded to 67.7%—all comfortably ahead of market expectations.
The growth story remains centered on advanced manufacturing. 7nm and more advanced technologies generated 77% of wafer revenue, with 3nm contributing 30%, 5nm 33%, and 2nm making its first meaningful appearance at 3%. Meanwhile, High Performance Computing (HPC), driven largely by AI accelerator demand, accounted for 66% of total revenue, underscoring that AI continues to fuel TSMC's business.
Despite the stellar results, the stock slipped in after-hours trading. Investors were less concerned with the quarter's performance—which had largely been anticipated—and more focused on the company's accelerating investment plans. TSMC raised its full-year capital expenditure guidance to US$60–64 billion from US$52–56 billion and continues with its US$100 billion U.S. expansion, signaling confidence in sustained AI demand but also significantly higher capital requirements.
The takeaway: TSMC isn't just reporting record earnings—it is committing unprecedented amounts of capital to expand capacity. The market is now weighing whether future AI demand will justify that level of investment. The earnings beat was impressive, but the scale of spending is the more consequential long-term signal.