TSMC posts record revenue in second quarter on AI demand

3 weeks ago 7

Reuters

Mon, July 13, 2026 astatine 12:37 AM CDT 2 min read

TAIPEI, July 13 (Reuters) - TSMC, the world's largest declaration chipmaker, reported connected Monday second-quarter gross that roseate 36% from ‌a twelvemonth earlier to a grounds precocious connected surging ‌interest successful artificial quality applications.

Revenue successful the April-June play of this twelvemonth came successful at T$1.27 trillion ($39.62 billion), according to Reuters calculations, somewhat supra a T$1.264 trillion LSEG SmartEstimate drawn from 20 analysts.

Taiwan Semiconductor Manufacturing Co (TSMC) is simply a large supplier to companies including Nvidia and Apple.

On its past net telephone successful ‌April, the institution predicted ⁠second-quarter gross of betwixt $39 cardinal and $40.2 billion. The institution gives its forecast lone successful U.S. dollars and not ⁠Taiwan dollars.

For June alone, TSMC reported that gross roseate 67.9% year-on-year to T$442.68 billion, which was up 6.2% compared with the erstwhile month.

The data was originally owed past Friday, but it was delayed owed to ‌the impending accomplishment of Typhoon Bavi, which unopen fiscal markets successful Taipei that day.

TSMC, Asia's astir invaluable publically listed institution with a marketplace capitalisation of $1.955 trillion, did not supply immoderate details oregon guardant guidance successful its little gross statement.

It is scheduled to study second-quarter net connected Thursday, ‌when it volition besides update its outlook and plans for the existent 4th and the remainder of the year.

TSMC is expected to study a 58.8% on-year ‌rise successful second-quarter nett profit, according to an LSEG SmartEstimate.

TSMC's Taipei-listed shares closed up 1% connected Monday up of the merchandise of the income data. The broader marketplace closed flat.

The company's shares person risen 57% truthful ‌far this year, successful enactment with the broader market.

($1 = 32.0530 Taiwan dollars)

(Reporting by Wen-Yee Lee and Ben Blanchard; Editing by Thomas Derpinghaus and Jamie Freed)

Read Entire Article