Key highlights: SK Hynix tumbled nearly 7%, leading a broad sell-off in Asian semiconductor stocks after weakness in U.S. AI names SoftBank, Samsung Electronics, Tokyo Electron, TSMC and Kioxia also fell as investors reduced exposure to AI-related equities Despite the volatility, J.P. Morgan says the AI investment cycle remains intact, citing no signs of slowing […]
Tag: TSMC
Key highlights: The global $3.3 trillion semiconductor industry is approaching bear market territory after a broad-based sell-off across leading chip stocks. Investors are taking profits following months of AI-driven gains despite continued strength in chip demand and earnings. Analysts remain divided on whether the correction marks a healthy reset or the beginning of a deeper […]
Key highlights: TSMC posted stronger-than-expected Q2 2026 results, with revenue climbing 33.7% year-over-year to $40.2 billion and net profit jumping 77.4% to $22.36 billion The company plans to invest another $100 billion in the United States, bringing its total U.S. commitment to roughly $265 billion as AI chip demand accelerates TSMC also lifted its capital […]