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TSMC’s Record Profit Shows the AI Chip Cycle Is Still a Capacity Story
TSMC’s record Q2 profit expectations and advanced-node demand show why AI semiconductor growth remains constrained by manufacturing capacity.
NYSE · Semiconductors
Taiwan Semiconductor Manufacturing Company (TSM)
TSMC is the contract manufacturer behind almost every leading-edge AI chip, which makes its monthly revenue release one of the sector's most-watched data points. Founded in 1987 and headquartered in Hsinchu, Taiwan, Taiwan Semiconductor Manufacturing Company employs approximately 84,000 people.
Reference price$246.70
Daily change+0.86%
Market cap$1.28T
P/E ratio28.3
Analyst consensusStrong Buy
Price target$285
Next earnings2026-10-15
Dividend yield1.05%
Company profile
Headquarters
Founded
1987
Employees
84,000
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