Web3
TSMC posts 77% profit surge as CFO bets the company’s future on AI megatrends
Crypto Briefing·July 20, 2026·1 min read
TSMC reported Q2 2026 net income surging 77.4% as CFO Wendell Huang doubled down on AI megatrends with a $100 billion Arizona expansion and raised CapEx. The profit surge reflects strong demand for AI chips, which underpin blockchain and crypto infrastructure.
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