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The Economic Times
TSMC posts record revenue in second quarter on AI demand
Taiwan Semiconductor Manufacturing Company (TSMC) announced record revenue of T$1.27 trillion in the second quarter of the year, reflecting a 36% increase from the previous year. This growth is attributed to heightened demand for artificial intelligence applications, with TSMC serving major clients like Nvidia and Apple. The company will report its full Q2 earnings soon, which may further illuminate future projections.
Act nowConfidence: HighShort term horizon
Published 13 Jul 2026, 08:30 UTC3 min read
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Summary
TL;DR
- TSMC reports second-quarter revenue of T$1.27 trillion ($39.62 billion)
- Revenue increased by 36% year-on-year, surpassing analysts' expectations
- Major supplier for companies including Nvidia and Apple
- Revenue for June was T$442.68 billion, up 67.9% year-on-year
- TSMC is Asia's most valuable publicly listed company with a market cap of T$1.955 trillion
Interesting facts
- TSMC shares have risen 57% this year, reflecting investor confidence
- The results were delayed due to market shutdowns caused by Typhoon Bavi
- TSMC predicted Q2 revenue of $39 billion to $40.2 billion in its previous earnings call