TSMC posts record 77% profit jump as AI demand surges, but chip stocks shrug

Crypto Briefing·Jul 16, 2026·2 sources·neutral

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TSMC reports a record 77% profit surge driven by AI demand, but chip stocks showed little reaction.

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TSMC’s AI run: How high can the world’s most important chipmaker go?

TSMC posts record 77% profit jump as AI demand surges, but chip stocks shrug