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TSMC

TSMC's 67.7% Margin vs a $265 Billion Bet: Why Record Profits Still Sank the Stock

TSMC's 67.7% Margin vs a $265 Billion Bet: Why Record Profits Still Sank the Stock

TSMC's 67.7% Margin vs a $265 Billion Bet: Why Record Profits Still Sank the Stock In July 2026, TSMC posted its best quarter ever — record revenue, a 77% jump in profit, and a 67.7% gross margin most manufacturers can only dream of. Then the stock fell

Meta's 'Iris' AI Chip Enters Production in September — Why a $125–145 Billion Spender Wants Off Nvidia

Meta's 'Iris' AI Chip Enters Production in September — Why a $125–145 Billion Spender Wants Off Nvidia

An internal Meta memo reviewed by Reuters says the company will start manufacturing its own AI chip — codenamed "Iris," part of the MTIA program — in September 2026, aiming to roughly double its computing capacity to 14 gigawatts by next year. One test chip reportedly passed validation in about