Taiwan Semiconductor Manufacturing Co (TSMC) reported a record second-quarter net profit of TWD 706.56 billion (approximately USD 21.2 billion), significantly exceeding analyst expectations.
The world’s largest contract chipmaker also raised its full-year revenue outlook, citing relentless demand for artificial intelligence chips that continues to outstrip available supply.
In a major strategic move, TSMC pledged an additional $100 billion to expand its manufacturing footprint in the United States, reinforcing its commitment to onshoring production amid ongoing geopolitical tensions between Washington and Beijing.
The results highlight the sustained momentum in the semiconductor sector, driven by data-center growth and AI infrastructure build-outs.
TSMC’s ability to deliver record profits while committing to massive new capital expenditures underscores its dominant position in the global supply chain.
The company’s guidance suggests that demand for advanced nodes remains robust, with no signs of a near-term slowdown in AI-related spending.