Business

TSMC Reports Strong Q2 Earnings

Updated 2026-07-16 05:55 UTC 1 source Positive

Taiwan Semiconductor Manufacturing Company (TSMC) reported a significant increase in second-quarter profits, up over 23% sequentially. The company's earnings beat market expectations due to strong demand for high-end chips.

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CNBC

TSMC second-quarter profit jumps over 23% sequentially, beating estimates, on high-end chip boom

TSMC announced a second-quarter profit, following its June revenue figures released earlier this week.

2026-07-16 05:50 UTC