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TSMC posts record profit and pledges $100bn to expand US manufacturing

TSMC posts record profit and pledges $100bn to expand US manufacturing

16.07.2026 15:24 | Euronews Business

Taiwan Semiconductor Manufacturing Company (TSMC) beat Wall Street expectations on Thursday with a record second-quarter net profit, up 77% from a year earlier, while pledging a further $100bn (€87.4bn) to expand its chipmaking capacity in the US.

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