Yahoo Entertainment July 16, 2026 • 13:47

TSMC raises capex and revenue forecast, highlighting growing AI chip demand - Yahoo Finance

By Ines Ferré

TSMC raises capex and revenue forecast, highlighting growing AI chip demand - Yahoo Finance

TSMC, the world's largest made-to-order chipmaker, reported second quarter results.

What happened: Taiwan Semiconductor Manufacturing (TSM) stock moved 4% lower in premarket trading on Thursday.
What's behind the move: The world's largest semiconductor manufacturer posted record se… [+1964 chars]

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