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TSM's Record Earnings Trigger Chip Selloff: What It Means for NVDA, AAPL

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The Story

News Summary

  • TSM posted record Q2 profit and raised 2026 guidance, but its stock fell 15% in July 2026 as investors balked at a $60-64B capex hike and $265B total US investment.
  • Broader chip and AI stocks slid, while AAPL rose on lower AI spending exposure.
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AAPL price history

333.08 +20.59% over the displayed period

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