TSMC Reports Record Q2 Profits – July 16, 2026
Semiconductor giant TSMC reports record Q2 profits amid the AI boom and additional US$100B investment plans for its Arizona fab site. The US House of Representatives has approved a defense budget with US$500M of military assistance for Taiwan. And Ukraine says it is working to produce its own Patriot missiles, raising questions of whether Taiwan could do the same. Plus: - Hong Kong police crack down on two independent bookstores, arresting five people who could face charges for selling "seditious" material. - A temple in South Korea helps couples find love by hosting matchmaking retreats as the country grapples with the world's lowest birth rate. - Taiwan's women's kabaddi team is going for gold at the 2026 Asian Games, set to kick off in Nagoya, Japan in September.
