Apple<\/a>, to new \u2060heights. Its market capitalisation is now nearly double that of South Korean rival Samsung Electronics at around $1.95 trillion. <\/p>\nTSMC is \u2060expected to report net profit of T$632.6 billion ($19.65 billion) for the second quarter, according to an LSEG SmartEstimate compiled from 18 analysts. SmartEstimates place greater weight on forecasts \u200bfrom \u200banalysts who are more consistently accurate. <\/p>\n
An earnings \u200bcall at which it will \u200cprovide third-quarter and updated full-year guidance is scheduled for 0600 GMT. <\/p>\n
Any result above T$572.5 billion would mark the company’s highest-ever quarterly net income and its 10th consecutive quarter of profit growth. <\/p>\n
On Monday, the company announced a 36% rise in second-quarter revenue, ahead of market forecasts and a record high. <\/p>\n
Analysts broadly expect TSMC \u200cto raise its full-year revenue growth outlook \u200band will be watching whether it also \u200bincreases capital spending, a key \u200bindicator of management’s confidence in the durability of AI \u200cdemand. <\/p>\n
On its last earnings call in \u200bApril, the company said \u200b2026 capital expenditure would be at the high end of its earlier guidance of $52 billion to $56 billion. <\/p>\n
TSMC is investing $165 billion to build \u200bchip factories in the \u200cU.S. state of Arizona. <\/p>\n
TSMC’s Taipei-listed shares have gained 57.4% so far \u200bthis year, in line with the broader market. <\/p>\n
($1 = 32.1880 Taiwan dollars) <\/p>\n
(Reporting by \u200bWen-Yee Lee; Editing by Jacqueline Wong) <\/p>\n","protected":false},"excerpt":{"rendered":"By Wen-Yee Lee and Ben Blanchard TAIPEI, July 16 (Reuters) – TSMC, the world’s largest manufacturer of advanced…\n","protected":false},"author":2,"featured_media":543480,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2999,114,85,46,54210,54209,234296,54911,24989],"class_list":["post-543479","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-ai-infrastructure","tag-business","tag-il","tag-israel","tag-market-forecasts","tag-net-profit","tag-record-earnings","tag-taiwan-semiconductor-manufacturing-co","tag-tsmc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/543479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=543479"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/543479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/543480"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=543479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=543479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=543479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}