"AI Megatrend" Fuels TSMC’s Record Quarter; Shares Dip on Capex Jump
TSMC boosted its 2026 capital expenditure to $60–64 billion and announced an extra $100 billion investment in Arizona fabs amid record AI-driven Q2 results.
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TSMC Q2 Results Signal Continued AI Strength as Revenue Jumps 36%
June sales set a new monthly record. Full earnings expected July 16.
BofA Sees Meta’s AI Chip Breakthrough as Major Turning Point for Cost Control
Bank of America calls Meta’s custom AI chip progress and faster, cheaper 14GW infrastructure buildout a “big positive.” Iris production starts September 2026.
Anthropic’s AI Chip Ambitions Spark Semiconductor Sell-Off
Anthropic has started developing a custom AI chip and is in early talks with Samsung. The news sparked a sell-off in Nvidia, AMD, and semiconductor stocks amid growing custom silicon trend.
Intel Rebounds as 18A-P Manufacturing Process Reaches Key Milestone
Intel shares rise in early trading after announcing 18A-P process has entered risk production. The enhanced node offers major efficiency gains and boosts foundry ambitions.
Google Orders 3 Million AI Chips from Intel — Nvidia Joins the Backup Plan
Google has placed a major order for over 3 million custom TPUs with Intel in 2028. Nvidia is also testing Intel’s tech as a TSMC backup. Intel shares jumped.