TSMC Q2 Revenue Hits Record $34.6 Billion, Up 36% Year-on-Year

TSMC's second-quarter revenue rose 36% year-on-year to a record NT$1.27 trillion ($34.6 billion), surpassing analyst expectations of NT$1.264 trillion. The company reported June sales of NT$398.27 billion, up 67.9% from a year earlier, driving first-half revenue to NT$2.4 trillion, a 35.6% increase. Source: infobae; euronewses

AI-driven demand

TSMC remains at the center of the AI semiconductor boom, manufacturing advanced processors for Nvidia, Apple, and cloud giants like Amazon, Google, and Microsoft. CEO Che-Chia Wei described AI demand as "extremely solid" during the April earnings call. Reports indicate Nvidia has reserved about 60% of TSMC's advanced chip packaging capacity for 2026, highlighting persistent supply constraints. Source: euronewses

Outlook and expansion

TSMC expects full-year 2026 revenue to grow over 30% in USD terms, with capital expenditure between $52 billion and $56 billion. The company is building new fabs in Arizona, Japan, and Germany to meet demand and support government efforts to localize semiconductor production. Investors now await the full Q2 report on Thursday for details on profitability, margins, and 2-nanometer technology progress. Source: euronewses