Keyword → semiconductor capex

TSMC Q2 2026 Revenue Hits Record $40.2B, Up 36% — But Capex Hike to $60–64B Triggers 5% Stock Selloff and Sector Rout

Taiwan Semiconductor reported record Q2 2026 revenue of $40.2 billion, up 36% year-over-year, with net profit jumping 77% to $22 billion and gross margin of 67.7% — all above guidance. Yet shares fell more than 5% after the company raised its 2026 capital expenditure forecast to $60–64 billion from a prior $52–56 billion range, sparking a sector-wide selloff in AI chip names including Micron, Nvidia, and Broadcom, and dragging the Philadelphia Semiconductor Index down roughly 4.3%.

TSMC Q2 2026 Revenue Hits $40.2B, Up 33.7% — Record Earnings Overshadowed by $62B Capex Hike as Stock Falls 4.6%

TSMC posted Q2 2026 revenue of $40.2 billion, up 33.7% year-over-year and $900 million above consensus, with EPS of $4.31 beating estimates by $0.37. Net profit rose 77% to a record NT$706.6 billion. Yet US-listed shares fell 4.6% premarket as TSMC raised 2026 capital expenditure guidance to $60–64 billion from $52–56 billion and pledged an additional $100 billion for Arizona fabs. The capex shock dragged Arm, SK Hynix, and the SMH semiconductor ETF lower globally.