Taiwan Semiconductor Manufacturing Co Ltd (TSMC) pre-market down 4.64% after announcing a raise in future three-year capital expenditure
BlockBeats News, July 16th, according to BIT (bit.com) market data, TSMC pre-market trading dropped by 4.64% to $400. Previously, TSMC stated that its capital expenditure for the next three years would be significantly higher than the past three years, with an expected full-year capital expenditure of $60 billion to $64 billion, higher than the previous guidance of $52 billion to $56 billion. Additionally, TSMC plans to add $100 billion in investment in the state of Arizona, USA.
TSMC today announced its Q2 2026 financial results, with a 77% year-on-year increase in net profit to NT$706.6 billion, reaching a historical high and surpassing market expectations; Q2 revenue increased by 36% year-on-year to NT$1.27 trillion, with a 20% quarter-on-quarter growth in High-Performance Computing (HPC) business revenue.
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