TSM Q2 surges 77% to T$706.6B versus forecast of T$632.6B; raises capital spending target for this year by up to 14% to range of $60B-$64B c
TSM Q2 surges 77% to T$706.6B versus forecast of T$632.6B; raises capital spending target for this year by up to 14% to range of $60B-$64B compared to prior guide of $52B-$56B; said sees continued AI-related robust demand; said to invest additional $100B in Arizona which would add to already-announced investments of $165B to build chip factories there; shares -4% premarket
TSM Q2 surges 77% to T$706.6B versus forecast of T$632.6B; raises capital spending target for this year by up to 14% to range of $60B-$64B compared to prior guide of $52B-$56B; said sees continued AI-related robust demand; said to invest additional $100B in Arizona which would add to already-announced investments of $165B to build chip factories there; shares -4% premarket