TSMC to invest additional $100 billion in Arizona after second-quarter profit soars 77%

• TSMC recorded over 77% year on year profit jump, and over 23% from prior quarter.
• The company forecast third-quarter revenue between $44.6 billion and $45.8 billion.
• Both the company’s quarterly revenue and profit both topped estimates.

Taiwan Semiconductor Manufacturing Co on Thursday reported a 77.4% jump in second-quarter profit year on year, soaring past estimates as the world’s largest contract-chipmaker continues to set consecutive record-breaking milestones. 

Source: https://www.cnbc.com/2026/07/16/tsmc-second-quarter-profit-.html