TSMC posts record revenue in second quarter on AI demand


The TSMC logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration

TAIPEI, July 13 (Reuters) - 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 abovea ​T$1.264 trillion LSEG SmartEstimate drawn from 20analysts.

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

On its lastearnings call ⁠in ‌April, the company predicted second-quarter revenue of between$39 billion and $40.2billion. 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 ofTyphoon 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 onThursday, when it will also update its outlook and plans for the current quarter and the rest of the year.

TSMC is expected to report a58.8% on-year rise in second-quarter net profit, according ​to an LSEG SmartEstimate.

TSMC's Taipei-listed shares closedup ⁠1% on Mondayahead of the release of the sales data. The broader ​market closed flat.

The company's shares have ‌risen57%so far this year, in line with ​the broader market.

($1 = 32.0530 Taiwan dollars)

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

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