World’s largest chipmaker TSMC posts record profit allaying fears over semiconductor headwinds

World’s largest chipmaker TSMC posts record profit allaying fears over semiconductor headwinds

• TSMC, the worlds biggest chipmaker, posted record net profit in the second quarter.
• However, TSMC CEO CC Wei said that some of the company’s capital expenditure would be “pushed out into 2023.”
• The strong results and outlook, but caution on spending, highlights the careful path chipmakers are walking at a time of concern about rising prices and the impact on consumer demand.

https://www.cnbc.com/2022/07/14/tsmc-q2-2022-chipmaker-posts-record-profit-and-strong-guidance.html