(FILES) The logo of Taiwan Semiconductor Manufacturing Comapny (TSMC) is seen at the Sheraton Hsinchu Hotel where the company held its annual shareholders' meeting in Hsinchu on June 3, 2025. Taiwanese chipmaker TSMC reported on July 16, 2026 a record net profit for the second quarter, fuelled by massive demand for artificial intelligence hardware. (Photo by I-Hwa Cheng / AFP via Getty Images)