AI Boom Drives Record Quarterly SalesTSMC (NYSE:TSM) reported record second-quarter revenue on Monday as robust demand for artificial intelligence chips continued to fuel growth for the world’s largest contract semiconductor manufacturer. Revenue for the April-to-June period climbed 36% year-on-year to T$1.
STORY: TSMC reported record high second-quarter revenue on Monday. The world’s largest contract chipmaker posted that Q2 revenue rose 36% from a year earlier on surging interest in AI applications. Reuters calculated TSMC’s earnings came in at just over $39.6 billion - slightly above forecasts. TSMC is a major supplier to companies including Nvidia and Apple. For June alone, TSMC reported revenue rose almost 68% year-on-year to $13.8 billion - up 6% from the previous month.TSMC, which is Asia's most valuable publicly listed company, didn't provide any details or forward guidance in its brief revenue statement.It is scheduled to due to report second-quarter earnings on Thursday.It's also due to update its outlook and plans for the current quarter and the rest of the year.The company's shares have risen 57% so far this year, in line with the broader market.
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The artificial intelligence (AI) boom is altering the financial landscape of America's largest tech companies.
The company that builds the world's most advanced chips is about to tell investors how hot AI demand really is.
San Francisco-Based Firm Adds Institutionally Managed, High-Occupancy Asset to Growing Bay Area Portfolio CUPERTINO, Calif., July 13, 2026 (GLOBE NEWSWIRE) -- Rubicon Point Partners ("RPP") today announced the acquisition of Wolfe Square, a Class A, 117,795 square foot multi-tenant office and medical campus located in Cupertino, California. Wolfe Square is situated directly adjacent to Apple's global headquarters, one of Silicon Valley's most coveted addresses, and steps from Main Street Cuperti
The global metaverse in entertainment market is experiencing rapid growth, with its market size expected to soar from over USD 30.6 billion in 2026 to more than USD 121.9 billion by 2032. This expansion is driven by increasing demand for interactive digital experiences and technological investments from gaming, media, and tech sectors. Mixed Reality (MR) devices are predicted to grow the fastest, enhancing digital interactions in gaming, concerts, and sports. North America is a key player, leadi
The latest performance underscores steady demand for advanced chips.
Taiwan, Nvidia and Apple have been highlighted in this Investment Ideas article.
Jim Cramer owns six of the Magnificent Seven and argues that grouping them together is one of the costliest mistakes an investor can make. The five dimensions separating these stocks reveal why selling them as a basket when one stumbles could mean abandoning your best positions.
The lawsuit, which accuses OpenAI of stealing Apple’s hardware and trade secrets, marks a dramatic turn for two companies that were close partners.
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Tech companies advanced AI, chips, cloud, space, and autonomous technologies while navigating legal battles, investments and restructuring efforts.
Apple (NasdaqGS:AAPL) has filed a federal lawsuit against OpenAI alleging theft of trade secrets tied to its AI hardware work. The complaint centers on claims that former Apple employees took confidential materials and shared them with OpenAI. The filing escalates a public feud involving senior tech leaders and highlights rising rivalry across AI hardware and software. Apple enters this legal fight while its stock trades at $315.32, with the company up 16.4% year to date and 49.9% over the...
The S&P 500 has delivered roughly 13% annualized returns over the past decade, one of the strongest bull runs in modern history. Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B), long the gold standard for patient capital, has matched that pace with about 13% annually over the same stretch. Impressive numbers for most investors. Yet both look like amateur hour next to the woman still serving out her final term in Congress: Nancy Pelosi.
GF Securities expects strong growth for Taiwan Semiconductor in Q2.
The two billionaires exchanged barbs on X over Apple's allegations that OpenAI is stealing operational secrets related to Apple's proprietary hardware.
Artificial intelligence is transforming business, but mounting evidence suggests its greatest value lies in supporting human expertise rather than replacing it.
Apple says the alleged theft was meant to hand OpenAI a shortcut into the hardware business — and that it started with an engineer who never lost his key to the building.
Morgan Creek Capital’s Mark Yusko said SpaceX is like Dogecoin in that it has a thin float to provide exit liquidity for Musk and early investors.