- TSMC raised its 2026 capital expenditure forecast to a range of $60 billion to $64 billion, a 15% increase from its previous guidance.
- ASML Holding increased its full-year sales guidance for 2026 to between 43 billion and 45 billion euros, up from a previous range of 36 billion to 40 billion euros.
- TSMC reported second-quarter revenue of $40.2 billion, representing a 33.7% year-over-year increase and marking its fifth consecutive record quarter.
Quotes
“the company's capital spending over the next three years will step up meaningfully from the past three”
“Same industry. Same underlying demand story. Opposite reactions.”