News
TSMC’s Q2 net profit jumped 77.4% to a record NT$706.6B, crushing estimates on surging AI demand. But a massive capex hike spooked the market, sending shares down 2.77%.
News
TSMC’s record Q2 revenue and surging AI demand weren’t enough to revive the AI trade. The stock edged lower as investors rotated into safer names like Apple.
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TSMC shares ticked up 0.16% after two VPs made small ESPP purchases totaling ~$6,590. The market is now laser-focused on the July 16 earnings report for clues on AI chip demand and capex guidance.
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TSMC jumps 5% as Wall Street weighs Cramer’s buy call on AST SpaceMobile, a bullish Netflix preview, and Goldman’s undervalued picks. Sportradar faces a class-action deadline.