Woofun AI reports that TSMC pre-market trading declined by 4.64% to $400 following the announcement of elevated capital expenditure plans. The company stated that its three-year capex will significantly exceed previous levels, with full-year guidance raised to $60 billion to $64 billion from the prior range of $52 billion to $56 billion.

Additionally, TSMC confirmed a $100 billion investment commitment for its Arizona operations.

The firm also disclosed Q2 2026 financial results, showing a 77% year-on-year increase in net profit to NT$706.6 billion, a historical high that surpassed market expectations. Revenue for the quarter rose 36% year-on-year to NT$1.27 trillion, driven by a 20% quarter-on-quarter growth in High-Performance Computing (HPC) business revenue.