TSMC Q2 2026 Profit Soars 77% to Record T$706.6 bn as AI Chip Demand Drives Growth and Capex Rises

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker and a key supplier to Nvidia and Apple, delivered a record-breaking second quarter in 2026 as surging artificial intelligence (AI) demand continued to fuel growth. TSMC reported 77 percent year-on-year increase in net profit to a record T$706.6 billion (approximately $22 billion), significantly exceeding market expectations. High Performance Computing (HPC) remained TSMC’s largest business segment, contribu