TSMC posts record profit as AI chip demand fuels 77.4% surge

SemiconductorsStellar result comes as investors fret over sustainability of global buildoutTaiwan Semiconductor Manufacturing Co. has been one of the biggest winners from the AI investment boom. © ReutersCHENG TING-FANGJuly 16, 2026 14:36 JSTTAIPEI -- Taiwan Semiconductor Manufacturing Co. on Thursday reported another record quarterly profit, up 77.4% from a year earlier, as the massive global AI infrastructure buildout continued to fuel demand across the electronics industry.