TSMC is trading 4.2% up today at $47.20 following record Q2 results and optimism surrounding its aggressive 2nm expansion plans.
- The company sharply raised its 2026 revenue outlook to above 40%, citing heavy capital spending to expand advanced nodes and packaging.
- Sentiment is bolstered by a broad semiconductor rally, with 2nm fabrication facilities reportedly booked out years in advance due to surging AI demand.