TSMC revenue surges 36% to $39.63 billion as AI demand drives record second-quarter growth

TSMC Q2 revenue jumps 36% from a year earlier, beating market expectations

TAIPEI, July 13 (Reuters) - TSMC, the world's largest contract chipmaker, reported on Monday second-quarter revenue of 1.27 trillion Taiwan dollars ($39.63 billion), beating market expectations ⁠and rising 36% from a year earlier on surging interest in artificial intelligence applications. An LSEG SmartEstimate, drawn from 20 analysts, had expected revenue in ⁠the April-to-June quarter of 1.264 trillion Taiwan dollars. Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW), opens new tab, ⁠is a major supplier to companies including ⁠Nvidia (NVDA.O), opens new tab and Apple (AAPL.O), opens new tab. ($1 = 32.0490 Taiwan dollars) Reporting ⁠by Wen-Yee Lee and Ben Blanchard; Editing by Thomas Derpinghaus Our Standards: The Thomson Reuters Trust Principles., opens new tab

TSMC posts record revenue in second quarter on AI demand

Revenue in the second quarter rose 36% from a year earlier to a record high on surging interest in artificial intelligence applications. On its last earnings call in April, the company predicted second-quarter revenue of between $39 billion and $40.2 billion. Taiwan Semiconductor Manufacturing Co (TSMC) is a major supplier to companies including Nvidia and Apple. TSMC, the world's largest contract chipmaker, reported on Monday second-quarter revenue that rose 36% from a year earlier to a record high on surging interest in artificial intelligence applications. Revenue in the April-June period of this year came in at T$1.27 trillion ($39.62 billion), according to ⁠Reuters calculations, ⁠slightly above a T$1.264 trillion LSEG SmartEstimate drawn from 20 analysts. Taiwan Semiconductor Manufacturing Co (TSMC) is a major supplier to companies including Nvidia and Apple. On its last earnings call in April, the company predicted second-quarter revenue of between $39 billion and $40.2 billion. The company gives its forecast only in U.S. dollars and not Taiwan dollars. For ⁠June alone, TSMC reported that revenue rose 67.9% year-on-year to T$442.68 billion, which was up 6.2% compared with ⁠the previous month. The data was originally due last Friday, but it was delayed due to the impending arrival of Typhoon Bavi, which shut financial markets in Taipei that day. TSMC, Asia's most valuable publicly listed company with a market capitalisation of $1.955 trillion, did not provide any details or forward guidance in its brief revenue statement. It is scheduled to report second-quarter earnings on Thursday, when it will also update its outlook and plans for the current quarter and the rest ⁠of the year. TSMC is expected to report a 58.8% on-year rise in second-quarter net profit, according to an LSEG SmartEstimate. TSMC's Taipei-listed shares closed up 1% on Monday ahead of the release of the sales data. The broader market closed flat. The company's shares have risen 57% so far this year, in line with the broader market. ($1 = 32.0530 Taiwan dollars)

TSMC Revenue Jumps 36% as AI Demand Drives Record Second-Quarter Growth

Taiwan Semiconductor Manufacturing Co. reported record second-quarter revenue as demand for chips used in artificial intelligence systems lifted sales. The company generated NT$1.27 trillion, or about $39.62 billion, from April through June. Revenue rose 36% from a year earlier and came in slightly above the NT$1.264 trillion estimate drawn from 20 analysts. The result placed TSMC near the upper end of its official revenue forecast of $39 billion to $40.2 billion. The chipmaker supplies advanced processors to major technology companies, including NVIDIA and Apple. Investors now turn to the full earnings report, where profit, margins, spending and the next sales forecast will receive closer attention from investors. TSMC gives its quarterly guidance in US dollars rather than Taiwan dollars, so currency movements can affect direct comparisons with reported sales.

TSMC Q2 revenue surges 36% amid robust AI demand By Investing.com

Investing.com-- Taiwan Semiconductor Manufacturing Corp, or TSMC, clocked a sharp increase in its second-quarter revenue on Monday, as the world's largest contract chipmaker continued to benefit from outsized artificial intelligence-fueled demand. TSMC's revenue in the three months to June 30 rose 36% year-on-year to T$1.270 trillion ($39.63 billion), Investing.com calculations showed. Get more breaking news on the biggest AI stocks by subscribing to InvestingPro TSMC's June revenue jumped nearly 68% year-on-year to T$442.68 billion, while its revenue for the first six months of 2026 rose nearly 36% to T$2.40 trillion. The company had delayed the release of its June revenue figures to Monday from Friday due to disruptions caused by Typhoon Bavi. The strong revenue figures come just days before TSMC's second-quarter earnings, with the chipmaker likely to report another bumper quarter. The company has benefited greatly from soaring demand for advanced chips from the AI industry, and is a key supplier to majors such as Nvidia. Beyond its earnings, focus will be squarely on TSMC's forecast for the coming quarters, with the company widely seen as a bellwether for the chipmaking industry.