TSMC Earnings Jump 77%, Capex Hits $64B [2026]

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Aug. 12, 2026 –

​​​​​​​By Sofia Lindström, tech-insider.org

Taiwan Semiconductor Manufacturing Company posted the best quarter in its history on July 16, 2026, and the numbers explain why chip stocks moved on the news. Second-quarter revenue hit $40.2 billion, the high end of the company’s own guidance, while net profit jumped 77.4% year over year. TSMC also raised its 2026 capital spending plan to as much as $64 billion and pledged another $100 billion to its Arizona campus, pushing its total committed investment in the state to $265 billion.

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