TSMC Lifts Capex and Revenue Outlook on Sustained AI Demand

Record quarterly profit and stronger guidance underscore the chipmaker’s confidence in long-term growth across the AI semiconductor market. Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker and a key supplier to Nvidia and Apple, has raised its 2026 capital expenditure forecast after reporting record second-quarter earnings, signalling continued confidence in long-term demand for […]