Chip equipment stocks rise after Taiwan Semiconductor revenue surges 45%

Chip equipment stocks rise after Taiwan Semiconductor revenue surges 45%

Ines Ferré · Senior Business Reporter

Mon, August 10, 2026 at 4:38 PM GMT+3 1 min read

What happened: Shares of chip equipment makers rose on Monday, with ASML (ASML) leading Applied Materials (AMAT) and Lam Research (LRCX) higher.

What's behind the move: The companies, which provide advanced semiconductor-making equipment to Taiwan Semiconductor Manufacturing Company (TSM), moved higher after TSMC said its revenue jumped 5.6% in July to around $14.51 billion from the prior month and 44.7% from a year earlier.

On an annualized basis, TSMC's revenue for January through July 2026 totaled roughly $89.11 billion, up 37% from the same period in 2025.

(ASML )

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1,767.00 +26.01 (+1.49%)

As of 10:10:27 AM EDT. Market Open.

ASML LRCX AMAT

What else you need to know: TSMC is the world's largest chipmaker, and its business has boomed, driven by demand for semiconductors used in artificial intelligence.

Last month, the company reported record second quarter revenue of $40.2 billion, up 36% from a year earlier, and raised its 2026 revenue growth forecast to more than 40%.

Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre.

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