17:37 - 16.07.2026

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July 16, Fineko/abc.az. World's largest contract semiconductor manufacturer Taiwan Semiconductor Manufacturing Co. (TSMC) in the 2nd quarter of 2026 exceeded analysts' forecasts, recording the record net profit of 706.6 billion Taiwan dollars (nearly US$22 billion), which is 77% higher than the same period of 2025.

The revenue of the main partner of giants such as Nvidia and Apple grew by 36% up to 1.27 trillion Taiwan dollars. Against the backdrop of a colossal global demand for AI infrastructure, the Taiwanese giant raised its annual capital expenditure budget to a record of $60-64 billion.

In addition, as part of its expansion of advanced manufacturing in the U.S., the company has committed to investing extra $100 billion in development of its Arizona campus, bringing its total U.S. investment up to $265 billion.