Published on 13/07/2026 – 12:23 GMT+2
TSMC announced on Monday that June revenue surged 67.9% year-on-year to NT$398.27 billion (€10.8bn). This performance brings the company’s total revenue for the first half of the year to NT$2.4 trillion (€65.4bn), representing a significant 35.6% increase compared to the same period in 2025.
According to monthly revenue disclosures, second-quarter revenue reached approximately NT$1.27 trillion, slightly exceeding the NT$1.264 trillion (€34.4bn) consensus forecast from 20 analysts surveyed by LSEG.
Monday’s data focuses exclusively on June revenue and cumulative first-half sales. TSMC is scheduled to release its comprehensive second-quarter earnings report this Thursday, which will include net profit, gross and operating margins, and updated financial guidance.
The road ahead
During its April earnings presentation, TSMC projected that full-year 2026 revenue would grow by more than 30% in US dollar terms. The company also forecasted capital expenditure between $52 billion (€45.5bn) and $56 billion (€49bn) as it scales manufacturing capacity to satisfy the growing demand driven by artificial intelligence.
New fabrication facilities are currently under construction or in preparation across Arizona, Japan, and Germany, reflecting both global customer demand and international initiatives to bolster domestic semiconductor manufacturing capabilities.
TSMC shares rose approximately 1% following the Monday revenue announcement.
Market attention now shifts to Thursday’s full earnings report. Investors are looking for updates regarding profitability, margins, full-year guidance, and the rollout of the company’s two-nanometre manufacturing technology, which has already generated significant interest from clients.
The AI engine
The company remains a central pillar in one of the most substantial investment cycles in semiconductor history. TSMC manufactures many of the world’s premier AI processors in Taiwan, including Nvidia’s GPUs and much of the custom AI silicon designed by industry leaders such as Amazon, Google, and Microsoft.
At the April earnings briefing, CEO Che-Chia Wei characterized AI demand as “extremely robust,” noting a shift from simple chatbots to agentic AI systems capable of autonomous action. This transition necessitates much higher computing power, further driving demand for TSMC’s advanced chip manufacturing.
Advanced technologies—defined as chips produced using processes of seven nanometres or smaller—accounted for 74% of wafer revenue in the first quarter. Notably, TSMC’s three-nanometre technology alone contributed 25% of wafer revenue.
Recent reports suggest that Nvidia has reserved approximately 60% of TSMC’s advanced chip-packaging capacity for 2026, underscoring the ongoing supply constraints within the AI semiconductor market.
