TSMC Pricing Power and Financial Outlook

TSMC confirmed 10%+ price hikes from 2027, CFO flagged 2-4% margin dilution from US fabs. Q2 earnings beat with raised guidance. June revenue surged 68% YoY to all-time high. TSMC reclaimed $2T market cap, trading at 20x forward earnings. Unconfirmed rumor of capex/revenue cut remains unverified. Pricing strategy shift to 'selling our value'.