Taiwan Semiconductor (TSMC) posted record profits backed by AI 🚀

The Taiwanese chipmaking giant announced its Q2 2026 results, and the figures were impressive across the board:
📈 Net profit rose 77% year-over-year, reaching about $22 billion
📈 Revenue grew 36% to $40.2 billion
📈 Gross margin reached 67.7%
The numbers beat analysts’ expectations by a clear margin, with the main driver being rising demand for AI chips from tech giants like Nvidia and Apple.
More importantly, the company raised its outlook for annual revenue growth to more than 40%, and announced an additional $100 billion investment in its fabs in the U.S. state of Arizona, alongside increasing this year’s capital expenditure budget to between $60-64 billion.
These figures clearly reflect one thing: the race to manufacture AI chips is still in its early stages, and manufacturers are preparing for demand that will play out in the years ahead.