QYLD
Rate Of Return🌟🌟🌟$Taiwan Semiconductor(TSM.US)released its Q2 earnings, shattering Wall Street estimates across every major metric due to unrelenting boom in AI processors.
Net income surged 77.4% year over year to NT Dollar 706.56 billion (USD 22 billion) easily beating the NT Dollars 632.64 billion analysts expected.
Revenue jumped 36% to NT Dollars 1.27 trillion (USD 39.45 billion).
Management raised its full year 2026 revenue growth projections to 40% and increased capital expenditure to USD 60 to USD 64 billion to fund 2 nanometer and Arizona fab expansions.
TSMC is a strong Buy as its earnings report proves that it has pricing power of its advanced chips which made up 77% of its revenue. TSMC remains the safest most fundamental pick and shovel play in global tech AI infrastructure.
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