BUZZ-TSMC's NYSE-listed shares down; chipmaker pledges to invest $100 billion more in US

NVIDIA Corporation
Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR
PHLX Semiconductor

NVIDIA Corporation

NVDA

0.00

Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR

TSM

0.00

PHLX Semiconductor

SOX

0.00

** U.S.-listed shares of TSMC TSM.N, the world's main producer of advanced AI chips, fall 3.6% to $404.32 premarket

** Co pledges to invest a further $100 billion in the U.S. state of Arizona

** Says AI-driven demand will remain strong up to 2030

** A bellwether for AI chip demand and major supplier to chip designer Nvidia NVDA.O, TSMC reports a 77% jump in Q2 profit to a record high of T$706.6 billion ($21.94 billion)

** TSMC has previously announced total planned investments of $165 billion to build chip factories in the U.S.

** Co says it expects full-year revenue in U.S. dollar terms to increase by slightly more than 40% for 2026, compared with a previous forecast of more than 30%

** Up to last close, the stock TSM.N up ~38% vs. Philadelphia SE Semiconductor Index's .SOX ~75% gain this year



($1 = 32.2010 Taiwan dollars)