# TSMCQ2NetProfitSurges77%

TSMC delivered a blowout quarter — Q2 net profit hit NT$706.6B (~$22B), up 77.4% YoY, setting a new record. Revenue reached NT$1.27T (~$40.2B) with gross margin at 67.7% — all three core metrics beat expectations. Advanced nodes (7nm and below) accounted for 77% of wafer revenue, with 3nm at 30%, 5nm at 33%, and 2nm contributing 3% for the first time. AI chip demand is the only answer — HPC now accounts for 66% of revenue. But the stock dipped after hours — markets are doing the math on capex: full-year guidance hiked from $52-56B to $60-64B, with an additional $100B committed to the U.S. The beat was priced in. The spending is the real signal