ME News reports that on July 16 (UTC+8), TSMC stated that its capital expenditures over the next three years will be significantly higher than those of the past three years, with full-year capital expenditure expected to reach $60 billion to $64 billion, up from the previous forecast of $52 billion to $56 billion. Additionally, TSMC plans to make an additional $100 billion investment in Arizona, USA. Earlier reports indicated that market data showed TSMC-related contracts on Hyperliquid rose sharply during the session before retracing, with losses一度 expanding over 4%; the contract is now trading at a 3.6% decline. TSMC announced its Q2 2026 financial results today, reporting a 77% year-over-year increase in net profit to NT$706.6 billion, setting a new record and surpassing market expectations; Q2 revenue rose 36% year-over-year to NT$1.27 trillion, with revenue from high-performance computing (HPC) increasing 20% quarter-over-quarter. (Source: BlockBeats)
TSMC Raises Capital Expenditure Forecast; TSM Futures Decline on Hyperliquid
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Summary
TSMC raised its 2026 capex forecast to $60–64 billion, up from $52–56 billion, with an additional $100 billion planned for Arizona. On-chain data shows TSM futures on Hyperliquid dropped over 4% earlier and are now down 3.6%. Q2 revenue reached NT$1.27 trillion, up 36% year-over-year, while HPC revenue rose 20% quarter-over-quarter. TSMC’s Q2 earnings of NT$706.6 billion exceeded expectations. Altcoins to watch may respond to broader market movements, as on-chain data highlights shifting capital flows.
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